Australia to build guided missiles to boost defence capacity

Australia’s Prime Minister Scott Morrison has announced a new guided missile-building plan in close collaboration with the US (Rick Rycroft/AP)

Australia has announced it will begin building its own guided missiles in close collaboration with the US as it seeks to boost its defence capabilities.

Citing the “changing global environment”, Prime Minister Scott Morrison said it would partner with a weapons manufacturer to build the missiles in a plan that would create thousands of jobs as well as export opportunities.