Australia Releases Defence Industry Policy with Focus on Sovereign Defence Industrial Base Growth

Melbourne: Australia has released a new strategy in its latest effort to grow its sovereign defence industrial base, kicking off reforms to how it will develop and acquire platforms in coming years.

The Defence Industry Development Strategy (DIDS) released is the third top-level Australian defence document put out this year, following the release of the National Defence Strategy (NDS) and Integrated Investment Plan (IIP) in April. Those previous documents focused on potential threats and Australia’s potential responses, along with the country’s expected budgets to meet defence commitments.

ads

Australian Minister for Defence Industry Pat Conroy said the DIDS recognises the vital role the defence industry plays in the country’s national security by deepening and strengthening the government’s partnership with Australian industry.

“The case for a strong Australian sovereign defence industrial base has never been clearer,” Conroy said in a statement. “We must ensure Australia can manufacture, sustain and scale the capabilities the Australian Defence Force needs, when and where they are required.”

Among the key features of the strategy is targeted investment to support the growth of the industry, with the announcement of an additional $80 million Australian dollars ($55.4 million USD) to be provided to Australian small- and medium-sized businesses developing defence-related capabilities through 2030 via the Defence Industry Development Grants Programme.

This will bring total investment in the program to $250 million Australian dollars ($173.5 million USD), “enabling Australian businesses to innovate, expand production, and create jobs,” according to Australian defence authorities. “This investment is designed to help industry scale its capabilities and respond more effectively to Defence requirements.”

big bang

The DIDS also reforms and relaunches Australia’s $3 billion fund ($2.06 billion USD) that seeks to “provide more flexible and timely support” for the defence industry in efforts to secure overseas contracts, which the department said has been “underutilised” since it was established in 2018.

A further effort to boost Australia’s defence exports will see the addition of the Australian-built Anduril Ghost Shark, an extra-large autonomous underwater vehicle, as a “priority export capability for the Australian Defence Strategic Sales Office.”

huges

Other initiatives announced in the DIDS include mandating that defence prime contractors commit to growing the defence industry workforce within Australia, with a focus on apprenticeships. Also announced was the establishment of Australia’s Defence Delivery Group. The group’s remit is to “provide independent, evidence‑based advice to Government” on the delivery of defence projects.

In a year, the group is slated to become the Defence Delivery Agency, which will consolidate Australia’s existing Capability Acquisition and Sustainment Group; Guided Weapons and Explosive Ordnance Group; and Naval Shipbuilding and Sustainment Group as the government seeks to reform a system that has faced “longstanding systemic challenges that have resulted in major Defence projects being delivered late, over budget, and below expectations.”

Australian Defence Minister Richard Marles said the reforms seek to build “a more agile, disciplined and strategically focused Defence organisation, one that is capable of responding to the strategic challenges we face and safeguarding Australia’s security into the future.”

“We are rebuilding a defence capability system that is disciplined, accountable and focused on outcomes. This is what Australia’s security environment demands, and what the Australian people expect,” he added.

More like this

Thales Agrees to Buy French Underwater-drone Maker Exail, Fincantieri to Spend €600 Million on Acquisition

Paris: Thales agreed to buy 35.5% of French underwater-drone...

US to Lift Sanctions on Turkey, Expresses Willingness to Sell F-35 Fighter Jets

Istanbul: US President Donald Trump announced that Washington would...

Iran Condemns Trump’s Rhetoric, Iranian Foreign Minister Araghchi Rejects Final Deal Negotiations Under Threats

Tehran: Iranian Foreign Minister Seyed Abbas Araghchi has categorically...

Submarine Project: Canada Selects Germany’s TKMS

Victoria  (British Columbia):  A German shipbuilder has won the...

China’s Test Launch of SLBM Provokes Protests from Australia, New Zealand and Japan, Raises Strategic Alarm for India

New Delhi: China’s test launch of a submarine‑launched ballistic...

LVM-3-M7 Mission: ISRO Successfully Conducts Flight Acceptance Test of CE20 Cryogenic Engine

New Delhi: The Indian Space Research Organisation (ISRO) has...

Major Step: India and France Launch First Joint Working Group on Critical Minerals

New Delhi: France and India have formally launched their...
Indian Navy Special Edition 2025spot_img