Brisbane Times
·general
·1 hour ago
Why Australia’s richest person just made a $140m bet on defence
Australia's richest person Gina Rinehart invested nearly $140 million in major U.S. defence contractors including RTX and Lockheed Martin in the first quarter of 2025. Global military spending reached $2.9 trillion in 2025, marking 11 consecutive years of growth as governments increase expenditure on modern technologies like drones and artificial intelligence.
Summary by Glance · Brisbane Times
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