Australia is expected to affirm plans to buy as many as 100 Lockheed Martin Corp. (LMT:US) F-35 fighter jets when it releases its Defense White Paper tomorrow, Reuters said, citing defense sources and analysts it didn’t identify.
The paper will call for the purchase of 12 Boeing Co. EA- 18G Growler electronic warfare planes as a stopgap for the F- 35’s, which have been hampered by cost overruns and delays, Reuters reported.
Australia is expected to commit to building a fourth advanced air warfare destroyer, partly built by BAE Systems Plc and Spain’s Navantia SA, as well as advance with plans for 12 attack submarines, Reuters said, citing the defense sources.
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