CapabilityProtected $53b+ for Navy development By ANI - April 20, 2024 0 193 A Royal Australian Air Force F-35A Lightning II aircraft conducts a flypast over HMAS Sydney during Exercise Tasman Shield 2023. The Hobart class will get new missile capability. Conventionally armed, nuclear‑powered submarines and infrastructure will receive $53 billion to $63 billion over the next decade as part of Australia’s investment in developing a Navy with enhanced maritime, air and land strike capability. Please Login to view this content. (Not a member? Join Today!)