Balancing risk and reward in the quest for the best capability

When we talk about seeking to acquire the ‘best’ capability, how much risk is too much risk? The ADF’s E-7A Wedgetail airborne early warning and control platform, for instance, is said to be one of the most advanced air battlespace management capabilities in the world, and the envy of other countries. But this sort of developmental acquisition would not provide an appropriate … [Read more...]

Long march begins towards an Australian military-industrial complex

Not since Bronwyn Bishop was appointed Minister for Defence Industry, Science and Personnel in 1996 has local industry been so excited about the prospects of carving out a share of the billions of defence dollars planned to be spent over the next decade as the Coalition implements its new Defence Integrated Investment Program (DIIP). Assuming the published investment plan will … [Read more...]

Pyne embarks on mission to energise defence industry, and to deliver Turnbull’s economic plan

Prime Minister Malcolm Turnbull has turned to Christopher Pyne to deliver the defence industry plank of the re-elected Coalition government’s economic plan that is intended to drive growth in advanced manufacturing and technology nationwide. The announcement of a dedicated minister is seen in some quarters as recognition of the importance of the defence industry, and a means … [Read more...]

Don’t be distracted by the high-vis, remember to follow the money

The government has emphasised its strong support for the Australian defence industry as playing a key role in its “plan for jobs and growth” that, along with changes to the tax system and an effort to reduce long-term debt, represent what Treasurer Scott Morrison sought to present as “an economic plan...not just another budget” ahead of the federal election on July 2. An … [Read more...]

Industry stands ready as Turnbull navigates transition from White Paper talk to action

The launch of the Defence White Paper saw Malcolm Turnbull presenting a plan to spend about $195 billion on military capability, with the Prime Minister keen to highlight the expected spillover benefits for the wider economy of investing in Australian industry. The federal government ‘hit the reset button’ on the relationship between industry and Defence with the release of … [Read more...]