Minister for Defence Industry Christopher Pyne said, "As outlined in the 2016 Defence White Paper, Defence is seeking to replace its hydrographic capability with an efficient combination of military and commercial hydrographic and oceanographic survey capabilities.
"Defence has taken the opportunity to engage early with relevant industry participants about the SEA 2400-1 project, which is still in the development stage."
Upgrading the hydrographic survey capabilities was a priority for the government, with a provision of $1–2 billion included in the 2016 Integrated Investment Plan.
Minister Pyne said, "Approximately 50 people representing 30 companies learnt about the scope of the project, as well as the services available through the Centre for Defence Industry Capability (CDIC).
"Activities like this Industry Day are just one of the ways Defence, through the CDIC, is ensuring Australian defence industry plays a pivotal role in upcoming projects."