Australia Aims to Break Into Top 10 of Global Defense Exporters

Photo of Australia Aims to Break Into Top 10 of Global Defense Exporters
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The HMAS Hobart air warfare destroyer stands tied at a dock at the ASC Ltd. shipyard in Adelaide, Australia, on Monday, May 30, 2016. Right before calling a general election for July 2, Prime Minister Malcolm Turnbull anchored one of the world's biggest defense deals, a $39 billion contract to build 12 submarines, to ASC's Adelaide shipyards. The government hopes that will buoy its popularity in a state that's been hit hard by a decline in manufacturing. Photographer: Mark Dadswell/Bloomberg

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