Login
iscover
Airbus Defence and Space has released a report on the additional economic benefits that would be delivered by its approach to the JP 9102 Defence contract.
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
The report details how the approach outlined by Team Maier, led by Airbus, would bring an additional $437 million to the Australian economy above the project’s Australian Contract Expenditure (ACE).
Research for the report was conducted by Deloitte Access Economics and assessed the Australian industry capability (AIC) benefits that would be delivered by Team Maier between 2021 and 2032.
Importantly, the research found that the approach taken by Team Maier would create an additional 133 full time jobs each year, amounting to nearly 1,500 jobs in total over the contract period.
Also included in the report was an outline of how Team Maier would achieve the necessary space domain capabilities required for the Australian Defence Force, while also helping to build Australia’s sovereign space industry.
Airbus Defence and Space’s executive vice president, Ben Bridge, spoke about the report and the Team Maier bid for JP 9102.
“For Australia to establish a space domain that can support the current and future needs of the Australian Defence Force, a highly capable and competitive space ecosystem is needed.
“Team Maier’s approach to delivering JP 9102 will create a launch pad to accelerate the development of that ecosystem through various investments in skills development, innovation and R&D.
“This approach to industry development is uniquely positioned to contribute $437 million to the Australian economy and deliver further economic dividends beyond the delivery of JP 9102 — laying the foundations for an enhanced Australian Space industry,” said Bridge.
Airbus’ bid for the JP 9102 heavily emphasises cooperation with Australia’s local space industry with Team Maier, including Willyama, UGL, Clearbox Systems, Blacktree Technology, Penten and Surrey Satellite Technology.
A core component of the research conducted by Deloitte was that Airbus’ bid would create not just increased jobs but would also facilitate a significant investment in skills and workforce development, increased integration into critical global supply chains and would ignite improved innovation and R&D programs.
The report outlines that the bid would create 110 scholarships for local talent in addition to 36 international scholarships and 115 graduate, PhD and VET scholarships. This is alongside a projected $12.5 million investment in education facilities.
Airbus and Team Maier are competing against a range of other major contractors for the JP 9102 contract, including Boeing, Lockheed Martin Australia, Northrop Grumman Australia and Optus.
[Related: Airbus to open office at Lot Fourteen]
