Defence Industry Minister Christopher Pyne launched the Defence Industrial Capability Plan at an event at the Australian Strategic Policy Institute. “Importantly, the Plan makes clear that to be considered an Australian Defence company having an ABN and a shopfront is no longer enough – we want to see Australian leadership, an Australian board, and an Australian workforce value-adding right here at home”, Minister Payne said.
“Our goal is clear.
We seek to achieve, by 2028, a matured, innovative Australian defence industry with greatly enhanced levels of competitiveness in the international marketplace.
We talk about a decade but we are really looking way beyond that point.
We are looking for an Australian defence industrial base that will stand us in good stead through to the end of the century and beyond.
What we want is a sovereign defence industry with the capability, readiness, and resilience to help meet Australia’s defence needs, to the greatest extent possible, within our own borders.”
You can view the plan at the Defence website
Defence Industrial Capability Plan