ACT establishes Defence Industry Advisory Board

The ACT government has formed the ACT Defence Industry Advisory Board and launched the Canberra Region Defence Industry Capability Directory in an effort to ensure that Canberra and the region benefit fully from Commonwealth spending on Defence. Defence already injects about $3.1 billion into the Canberra region’s economy and supports about 16,800 jobs; taking related … [Read more...]

Government launches Next Generation Technologies Fund

Minister for Defence Industry Christopher Pyne has launched the $730 million Next Generation Technologies Fund, which promises to provide the creative capability solutions that Defence needs while benefiting Australian industry, at the University of South Australia. “This is a 10-year strategic research-and-development program that will deliver game-changing capabilities for … [Read more...]

PM, Defence Ministers welcome the F-35 to Australia

Prime Minister Malcolm Turnbull says the new Lockheed Martin F-35 Lightning II Joint Strike Fighter was the most advanced combat aircraft in the world with lethal technology to destroy our enemies who included the Islamic State terrorists in the Middle East. Challenged on the F-35's cost and capabilities, the Prime Minister said the Defence Force needed the best capability, … [Read more...]

One careful owner – Defence releases military sales catalogue

Defence Industry Minister Christopher Pyne has released a new Australian Military Sales Catalogue as the first step in formulating a brand new Defence Exports Policy, hot on the heels of the new Defence Industry Policy Statement and the government’s announcement of a new grants program to drive local innovation in military related technologies, As the Australian Defence Force … [Read more...]

Defence investment plan hits first pot hole

A $1.2 billion reduction in the Government’s annual equity injection into the Department of Defence’s accounts is set to filter through into a roughly half-a-billion dollar cut to the $32.3 billion Defence budget first outlined in the May 2016 federal budget. The withdrawal of Defence equity funding was revealed in the 2016/17 Portfolio Additional Estimates Statements (PAES) … [Read more...]