HomeAsiaAustralia sells advanced radar technology to Canada in record $1.7 billion deal

Australia sells advanced radar technology to Canada in record $1.7 billion deal

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SYDNEY, June 22 (Reuters) - ‌Australia said on Monday it will sell advanced ​radar technology capable of detecting long-range missiles to Canada under a A$2.5 ⁠billion ($1.75 billion) agreement, the country's largest-ever defence export deal.

The agreement is Australia's first overseas sale of the radar, known as ​Over-the-Horizon Radar technology, and will support Canada's surveillance of the Arctic region.

"Today's ‌agreement marks a significant milestone in Australian defence trade and lays the foundation for deeper and mutually beneficial defence industry collaboration with ⁠Canada," Prime Minister Anthony Albanese said in ⁠a statement.

Canada's Arctic region represents about 40% of its total landmass, though it is sparsely populated and has little infrastructure. Much of Russia's Arctic area, which is about a fifth of ‌its landmass, faces Canada and the U.S. state of Alaska.

"Canada ⁠is reinforcing Arctic security through the Arctic ‌Over-the-Horizon Radar project," said Stephen Fuhr, Canada's ​secretary of state for defence procurement.

"This project is part of a broader effort to build an integrated Arctic surveillance ‌and communications network that will strengthen Canada's ​ability to monitor, understand and ⁠respond to activity in the Arctic."

Australia's Jindalee Operational ‌Radar Network can detect and ⁠track aircraft, ships and missiles up to 3,000 km (1,864 miles) away.

The deal to share the technology with Canada will create around ​300 jobs in Australia ‌and is the first stage of a broader collaboration between the ⁠two countries on the radar, ​Australia said.

($1 = 1.4269 Australian dollars)

(Reporting by Christine Chen in ​Sydney; Editing by Christopher Cushing)

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