It's more than timely, Mr. Earle. It is now a requirement. It's essential for us going forward. That's why we put so much effort in the front end, designing what it might look like by drawing on comparative experience. Other countries have done this. Other countries are updating their own industrial strategies, so this is what we've done.
That's why we came to ground on a build-partner-buy framework. We build where we can build it, and we partner with like-minded countries when we need to. Only after building or partnering would we buy from a third party. We're very careful now about from whom we buy, and we specify from whom we would prefer to buy.
For example, we bought a very expensive and important over-the-horizon radar system in partnership with the Australians. Phase one is now being implemented. Phase two is under negotiation. We've been very cautious and, if I dare say it, small-c conservative about some of the target outcomes, like 125,000 high-paying jobs, growing defence exports by 50% and growing our Canadian defence industry revenues by 240%.
We looked at this from top to bottom. We really dug down deep and wide on Canada's core areas of expertise, including shipbuilding—we started building 18 years ago—aerospace, space, land systems, communications, digital systems and ammunition.
We just invested $1.4 billion in nitrocellulose plants. We just purchased rifles from Colt, as I mentioned earlier. We're investing in shell casings at IMT. We're investing in all sorts of areas, including aerospace and service support, personnel protection, and uncrewed and autonomous systems. We've pulled together a plan that allows us to go forward and draw on that Canadian capability while fostering more research, more development and more risk-taking.