Australian Department of Defence issued a statement on 8 May explaining that the Government will provide Defence with $36,4 billion in 2018-2019.
The budget will provide funding for ongoing commitments to defence operations around the globe and the capability plans set out in the 2016 Defence White Paper through the $200 billion Defence Integrated Investment Program. The program includes building new submarines, major surface combatants and minor naval vessels; upgrading radar systems; F-35 Joint Strike Fighter program; the acquisition of EA-18G Growlers and P-8A Poseidon maritime surveillance aircraft and the purchase of a fleet of new Combat Reconnaissance Vehicles.
