{"id":8588,"date":"2026-06-22T16:12:40","date_gmt":"2026-06-22T16:12:40","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=8588"},"modified":"2026-06-22T16:12:40","modified_gmt":"2026-06-22T16:12:40","slug":"australia-scores-its-largest-defense-export-ever-with-a-1-75-billion-long-range-radar-deal-with-canada","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=8588","title":{"rendered":"Australia scores its largest defense export ever with a $1.75 billion long-range radar deal with Canada"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2026\/06\/GettyImages-2270936677-e1782140402747.jpg?w=2048\" \/><\/p>\n<p>Australia and Canada signed a $1.75 billion export agreement on Monday to build an Australian-designed long-range radar system in Canada.<\/p>\n<div>\n<p>Australian Defense Minister\u00a0Richard Marles\u00a0and Canadian Secretary of State (Defense Procurement) Stephen Fuhr signed the first phase of a pact to provide early warning radar coverage from the Canada-United States border into the Arctic.<\/p>\n<p>\u201cWhat this really means is that Australia and Canada are now partners in terms of the future development of the Over-the-Horizon Radar,\u201d Marles told reporters at the Australian Parliament House in the capital Canberra.<\/p>\n<p>\u201cThere is now a very strategic dimension to the relationship,\u201d Marles added.<\/p>\n<p>Fuhr said the two British Commonwealth countries, both of which are partners in the\u00a0Five Eyes\u00a0intelligence-sharing alliance that also includes the United States, Britain and New Zealand, had \u201cstood shoulder-to-shoulder for generations.\u201d<\/p>\n<p>\u201cAs the world adjusts to its new strategic and economic realities, I can\u2019t think of a stronger partner to work with more than Australia,\u201d Fuhr said at a joint press conference with Marles.<\/p>\n<p>Canadian Prime Minister Mark Carney announced he\u2019d\u00a0chosen Australia\u2019s radar system\u00a0over comparable U.S. technology shortly after he came to power last year.<\/p>\n<p>In March, Carney became the first Canadian prime minister to\u00a0visit Australia\u00a0in 12 years.<\/p>\n<p>During the visit, Carney and his Australian counterpart Anthony Albanese agreed to increase cooperation on defense technologies, artificial intelligence and critical minerals.<\/p>\n<p>BAE Systems Australia said in a statement it will support both governments in developing the Arctic Over-the-Horizon Radar.<\/p>\n<p>The Australian system, developed over 40 years, works by refracting high-frequency electromagnetic waves off the ionosphere to detect distant objects that are invisible to conventional radars because of Earth\u2019s curvature.<\/p>\n<p>The deal is Australia\u2019s largest ever defense export. Australia\u2019s previous record defense export was a $700 million deal signed in 2024 to provide Germany with 100 Australian-made Boxer heavy weapon carrier vehicles.<\/p>\n<\/div>\n<p>#Australia #scores #largest #defense #export #billion #longrange #radar #deal #Canada<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia and Canada signed a $1.75 billion export agreement on Monday to build an Australian-designed long-range radar system in Canada. Australian Defense Minister\u00a0Richard Marles\u00a0and Canadian Secretary of State (Defense Procurement)&hellip; <\/p>\n","protected":false},"author":1,"featured_media":8589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[10681,1056,1524,110,1742,3059,9440,1208,10683,10682,2896,826],"class_list":["post-8588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-australia","tag-billion","tag-canada","tag-deal","tag-deals","tag-defense","tag-export","tag-largest","tag-longrange","tag-mark-carney","tag-radar","tag-scores"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/8588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8588"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/8588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/8589"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}