none
none

MINISTER TO SHOW OFF AUSSIE DEFENCE

06-10-2016
by 
in 

The Minister for Defence Industry, Christopher Pyne, will visit Washington DC on the 5th and 6th of October to sell the merits of Australian Defence Industry.

While meeting with senior United States defence officials and industry executives, Minister Pyne will have a particular focus on our capability to be a regional maintenance hub for the Joint Strike Fighter Program.

“The Australian Government is embarking on its largest ever renewal and investment into defence capability with approximately $195 billion spent over the next decade," said Pyne.

“We will only be successful in this ambitious effort if we work in partnership with our friends and allies and for Australia there is no more important bilateral defence relationship than the alliance with the United States.

The last few years have seen an increased focus on the Australian Defence industry, with particular focus on national on-shore manufacturing of crucial machinery and equipment.

There has also been the beginnings of an uptick in overseas defence manufacturing in Australia, and it is this trend that Pyne hopes to continue.

"It would be a major win for our defence industry if Australia wins the contract to maintain, repair, overhaul and upgrade the Joint Strike Fighters in the South East Asian region, with the potential to be worth hundreds of millions of dollars,” he said.

In total, Australian companies have won more than $800 million worth of production and development contracts for the Joint Strike Fighter Programme. The Department of Defence predicts that figure will rise to at least $2 billion by 2023.

Related news & editorials

  1. 17.10.2017
    17.10.2017
    by      In
    Opposition leader Bill Shorten has promised that, if elected, Labor will establish a $1 billion "advanced manufacturing" fund. 
    The fund will be intended to "support innovative Australian manufacturing firms who want to grow their businesses and create jobs, but who might find it difficult to... Read More
  2. 12.10.2017
    12.10.2017
    by      In
    Seventy-seven River Murray-based irrigation projects have been offered a share of $38 million in funding under the fourth and final round of the Irrigation Industry Improvement Program (3IP).
    If all projects accept their offers, it will mean a total of 259 projects will have received funding under... Read More
  3. 12.10.2017
    12.10.2017
    by      In
    Technology used to develop the world’s first fully plastic automotive mirror is being adapted in South Australia to make solar energy generation more efficient.
    Adelaide-based car parts manufacturer Precision Components has partnered with the University of South Australia to today launch a... Read More
  4. 12.10.2017
    12.10.2017
    by      In
    The Art Gallery of South Australia is now being powered with the help of large-scale battery as part of an initiative that will soon also connect the State Library of South Australia and Adelaide High School.
    The SIMEC ZEN Energy system provides a total of 64kWh of energy storage to the Art Gallery... Read More