China to boast defense spending by 7.2%, page-5

Have been a holder of ASX listed EOS for over 5 years. As you may know, they have world leading anti-drone systems yet the only sales are to Middle East, Germany and Ukraine...Aus govt wonn't buy anything useful locally. Our Defence bureaucrats specialise in ordering big ticket items from offshore which are then reconfigured at great cost in time and money. If the Aus govt was serious they would fast track ASB unmanned craft with lots of locally made missiles and anti-drone systems. Cancel the AUKUS subs which realistically will never be delivered, spend lots locally now on high value, low cost asymetrical systems. However the entrenched decision makers can't get their heads around the changed world of military arms proven in Ukraine and by the Houthis in the Red Sea.