Australian defence industry companies will be given new export opportunities after Leidos joined the Global Supply Chain (GSC) Program as its newest prime contractor.
The GSC Program, which is run by the Centre for Defence Industry Capability, contracts defence primes to identify opportunities for Australian small to medium enterprises (SMEs) within their supply chain.
The opportunities presented to SMEs can be defence or commercial in nature and give the businesses a chance to establish themselves in long-term supply chains, which carry high commercial value.
“Joining the Global Supply Chain Program is an important step for Leidos to grow Australian defence industry capability. This will provide new commercial and defence opportunities in the Leidos global supply chain and support local SMEs to grow their business overseas,” said Christine Zeitz, Leidos Australia chief executive.
As a member of the program, Leidos will "establish a GSC office to identify, assess, qualify and assist Australian companies for export opportunities as well as provide regular updates on new capabilities required".
Leidos is a major systems integrator and services company with a presence in over 25 countries, and relies heavily on its contractors to supply components and solutions.
The value of the GSC Program doesn't end at opportunities for Australian SMEs. The flow-on effect to their own domestic supply chains "more than doubles" the value of any contract awarded in Australia, providing great value to the Australian economy.
The GSC Program has facilitated the award of over $1 billion worth of contracts to around 170 Australian defence companies and institutions.