Significant potential exists for Australian manufacturing and technology companies to supply to defence procurement. The Australian Government has committed to spending $195 billion in new defence equipment in land, sea and air over 10 years. The potential spend on sustainment over a further 20 years is estimated at $785 billion.
The Government has also made a commitment to sourcing as much as it can from Australian Industry.
BREAKFAST SEMINARS
Getting into Defence contracts can present challenges. To assist SMEs to find out more about the opportunities and obtain practical insights and advice on how to access them, the Entrepreneurs’ Programme in conjunction with Ai Group and Hunternet is holding free breakfast seminars featuring presentations by Defence Primes, Defence Organisations and existing local medium and small manufacturing contractors to the defence sector.
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