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NZ Government Releases New Defense Industrial Strategy

New Zealand aims to double defence spending to 2% of GDP and create a $100M-$300M Technology Accelerator to boost local military innovation and export potential.

Summary
New Zealand’s government unveiled a new industrial strategy on Thursday, aimed at boosting the country’s domestic defense sector through updated procurement rules, integration with Australia and a new government technology fund.

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Bias Distribution

  • 38% of the sources lean Left, 37% of the sources are Center
38% Left

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Newsroom broke the news in Auckland, New Zealand on Sunday, February 23, 2025.
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