Defence Force faces overhaul after $29 billion blowout | 7.30

The federal government is coming clean about the dizzying sums of money lost in the highly complex world of defence procurement. Multiple reviews have identified the problems but neither side of politics has found a fix. According to Defence, Australia is about to enter its most dangerous decade since the Cold War. The solution is now or never. 7.30’s Sarah Ferguson interviews Defence Industry Minister Pat Conroy. Subscribe: https://ab.co/3yqPOZ5 Welcome to ABC News In-depth, where you'll find our long-form journalism and other videos to help you understand what's going on in the world around you. Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 For more from ABC News, click here: https://ab.co/2kxYCZY Get breaking news and livestreams from our ABC News channel: https://www.youtube.com/user/NewsOnABC Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia