Value of Engaging with Defence
With the recent release of the 2016 Defence White Paper, hailed as the most significant suite of defence policy in 40 years and the best industry policy in 30 years, it has been made abundantly clear that opportunities abound for Australian companies to engage, develop and grow through strong relationships with defence.
The Australian defence industry employs around 25,000 people, with global defence companies (‘Primes’) accounting for around 50 per cent of industry employment. Over 3000 SMEs operate in Australian defence industry, primarily as subcontractors to primes. Australian defence industry is situated all around the country providing essential capability, services and support to the ADF, making it a truly national enterprise.
A commonly heard assertion from local Fraser Coast industry is that we “can’t build ships or tanks here”. That is very true. But what we can do is provide services and manufacture componentry for projects. In a region of this size a contract to supply, say, galley seating for an entire class of ship or custom machined flanges for a saltwater cooling system is very significant. The business development opportunities for local industry through defence are many and varied. Not sure whether your company or product fits the bill? Just ask the question…
The Department of Defence has taken significant steps to facilitate greater engagement with Australian industry. Business Access Offices (BAO) provide a regional interface between Defence and industry and strengthen Defence-industry relationships to enhance the support industry provides to the Australian Defence Force. – See more at: www.defence.gov.au/dmo/DoingBusiness/Industry/FindingOpportunities/
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