New Zealand boosts defence spending in face of ‘adverse’ security environment
AI Summary
New Zealand has increased its defence budget by NZ$3.5 billion to bolster military capabilities in response to a challenging security environment, including upgrading Anzac-class frigates and acquiring new drones.
The NZ$3.5 billion (S$2.63 billion) in new funding will include extending the life of Anzac-class frigates and acquiring new drones.
World Security Conflict Politics Real Estate New Zealand defense spending Anzac frigates military drones security environment