Since the sea was navigable, it has been contested, and the ability to project strength across oceans is a defining feature of any national power. The list below, based on data compiled in Global Firepower’s 2018 Military Strength Ranking, ranks countries solely by the number of naval assets they have, […]
Austal is facing an initial loss on its multi-billion dollar deal to build state of the art aluminium warships for the US Navy. In early trade, its shares fell 17% to $1.002, well below a 12 month high of $2.56. The Perth-based company announced a one-off $US115 million ($A154 million) […]
Expanding naval ties.