Australian defence projects billions over budget, decades late

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SYDNEY, Oct 10 — Major Australian defence projects with approved budgets totalling more than A$70 billion (RM207 billion) are overbudget and cumulatively decades late, the government said on Monday, amid China’s plans to increase its influence in the Pacific.At least 28 defence projects are collectively 97 years late, including the A$44 billion anti-submarine frigates programme and purchases of 12 offshore patrol vessel and a digital battlefield command system, Defence Minister Richard Marles said."All of this has occurred at a time when our strategic circumstances are very complex and extremely challenging," Marles said during a media briefing.China’s plans to set up presence in the Pacific, including entering a security pact with Solomon Islands, has raised concerns in the United States and Australia, who have for decades seen the region as largely their sphere of …