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

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)