US similarities a boon for Australian defence businesses

US similarities a boon for Australian defence businesses

US similarities a boon for Australian defence businesses

Key similarities in the way US and Australian companies transact business are set to significantly benefit Australian defence firms seeking to break into the North American market, according to Oklahoma Department of Commerce aerospace and defense director Vince Howie.

"The process for them to come to the United States, I think, is really quite easy," Howie told Defence Connect.

"Especially for Australian businesses because our laws, our court systems, our business practices, our morals and the way that we conduct business are so similar to one another," he said. "The Australians do have so many of our platforms already and they're already doing work in those areas."

Howie noted that while some new players found the massive scale of the US market daunting, the sheer size of the North American economy meant the potential opportunity was vast.

"I know it scares a lot of people, but because it is such a big market, there's lots and lots of opportunities," he added.

"For Australian companies to come to Oklahoma or to the US, it's a natural fit," said Howie, highlighting as a key example Queensland engineering firm Ferra’s move into that market.

"They brought a very small presence," he said. "I think when they first started it was [with] fewer than 10 employees, and now they have their North American showroom, which is a state-of-the-art, beautiful facility there."

 

US similarities a boon for Australian defence businesses
lawyersweekly logo
Promoted Content
Recommended by Spike Native Network

more from defence connect

Sep 25 2017
AIR 5431 Phase 3 contractor faces more issues
The company charged with delivering the defence aspects of a harmonised civil/military air traffic m...
Sep 26 2017
SEA 5000 contender outlines plans for sovereign capability
One of the international primes vying for the $35 billion Future Frigates Program has labelled indus...
Sep 26 2017
Industry praises achievements of AWD
Defence primes have celebrated the commissioning of the first Air Warfare Destroyer (AWD), one of A...