Powered by MOMENTUM MEDIA

 

 

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Government engaging defence to replace mining boom: DMTC

government engaging defence to replace mining boom  dmtc
DMTC's Dr Mark Hodge

The Australian government’s move to forge closer links with the local defence industry can be attributed to a conscious effort to replace the income model of the waning mining sector with a new source of revenue, according to the Melbourne-based Defence Materials Technology Centre.

Speaking to Defence Connect’s Phillip Tarrant, DMTC chief executive Mark Hodge said that as the resources boom tapered off, the federal government had embarked on a acquisition spree – spending “billions and billions of dollars”. 

Advertisement
Advertisement

“It doesn't take much imagination to see that government might have looked and thought, ‘Here is a chance to continue the growth’,” Hodge said. “We had a miraculous economy over the last couple of decades – no recessions and so on – and there's an opportunity to continue that growth and to tool our industry up by using that procurement policy.”

In addition, Hodge noted a mindset change around the manner in which defence procurement was traditionally conducted.

“There's been a lot of success stories over the journey about how Australian industry can engage positively and can deliver really high-quality, high capability services and products into the defence customer without really breaking the bank from a risk perspective,” he added.

“I think what you've seen, certainly if you go back to the early days of the Joint Strike Fighter program, it showed that Australian industry can participate really actively in some of those programs where you've got to have a demonstrated globally competitive position, and not just something you say you can do but something you demonstrate that you can actually do.

SPONSORED CONTENT

 

“That probably showed that it can be done as long as you prepare and as long as you put in place programs and support structures that can help industry develop along a reasonable pathway.”

Government engaging defence to replace mining boom: DMTC
Dr-Mark-Hodge.jpg
lawyersweekly logo

more from defence connect

Oct 18 2019
Pentagon lawmakers echo Australia’s Syrian concerns
“ISIS will be back and the black flags will be back,” said the US’ readiness subcommittee chai...
Oct 18 2019
PODCAST: Maintenance and sustainment supporting Navy’s mission - RADM Wendy Malcolm
While much of the focus has been placed on the $90 billion Naval Shipbuilding Plan, an elite team wi...
Oct 18 2019
Chief of Defence welcomes International participants for Edinburgh Military Tattoo
Chief of Defence, General Angus Campbell, AO, DSC, has officially welcomed the international partici...
FROM THE WEB
Recommended by Spike Native Network