During a test last year, the company's projectile hit targets more than 74 miles away after being fired from an M777 howitzer.
The Soviet-era supersonic bomber has most recently been used by Russia for combat missions in Syria and Ukraine.
The Maryborough factory will commence M795 production by late 2028 at a rate of 15,000 rounds annually.
Paris snubbed competing offers from Thales and ArianeGroup, as well as from U.S. defense giant Lockheed Martin and South Korea's Hanwha Aerospace.
Once derided as primitive, roof-mounted armor variants have been adopted by both Russian and Ukrainian forces as drone threats proliferate.
More Stories Paris snubbed competing offers from Thales and ArianeGroup, as well as from U.S. defense giant Lockheed Martin and South Korea's Hanwha Aerospace. Once derided as primitive, roof-mounted armor variants have been adopted by both Russian and Ukrainian forces as drone threats proliferate. The kill web will be part of the broader Arcadia AI-powered battlefield command and control structure, a top French commander said. "We should avoid excessive analogies. France is not Ukraine," said Gen. Pierre Schill in an interview ahead of the Eurosatory defense expo near Paris. “The system that possesses more data and better understands that data, proposes solutions — that system will gain the advantage over the other." The Ukrainian military aims to contract 25,000 unmanned ground platforms in the first half of this year, more than doubling its 2025 total. Surging defense spending means Eurosatory is bigger than ever this year, with the number of exhibitors rising 30% to more than 2,600, per the organizer. The restrictions come amid strained relations between Paris and Jerusalem over Israel’s military operations in Lebanon. Quantum gravimeter technology, used for mapping the seabed, offers the prospect of surreptitiously tracking adversary submarines. The Paris-based company's algorithms are used to analyze satellite data for the French and U.S. militaries. Manufacturers want to see more money flow beyond a €500 million commitment to accelerate the bloc's production capacity. He cited the example of the Bayraktar drone, “the king of the war” at the start of the conflict in Ukraine, that is no longer being used. "Every single nation brings a certain puzzle piece to the bigger picture," said Kerstin Huber, of NATO’s Science and Technology Organization. Many middling companies are unable to muster the research-and-development oomph needed to push the market forward, according to Emmanuel Levacher. Load More