Editing Australian Defence Force (section)

===Long term procurement projects===

The 2016–17 budget forecasts that defence expenditure will increase to $42&nbsp;billion in 2020–21, which is estimated to represent 2.03% of GDP.{{sfn|Thomson|2016|pp=51–52}} This reflects a bipartisan commitment to increase defence expenditure to 2% of GDP.{{sfn|Thomson|2017|p=7}} The ''2016 Defence White Paper'' included a commitment to further increases in spending beyond this time, with nominal expenditure being projected to be around $58.8&nbsp;billion in 2020–25; the [[Australian Strategic Policy Institute]] has estimated that this would represent about 2.16% of GDP.{{sfn|Thomson|2016|pp=139–140}}

The ''Integrated Investment Program'' that was released alongside the ''2016 Defence White Paper'' sets out the ADF's long term capital programs.{{sfn|Thomson|2016|p=141}} This document is the successor to the ''Defence Capability Plans'' which were regularly produced from 2000.<ref>Thomson (2011), p. vi</ref> The total value of the projects in the Integrated Investment Program over the period to 2025–26 is $162&nbsp;billion.{{sfn|Thomson|2016|p=141}}