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An independent review has been launched to explore opportunities to bolster the local defence industry’s access to the global supply chain.
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The review is set to focus on facilitating new international business opportunities via the supply chains of eight multinational contractors.
Former senior Australian public servant and policymaker Lisa Paul, AO, PSM, has been tapped to lead the Global Supply Chain Program review, which forms part of a broader push to reform defence industry support initiatives.
Minister for Defence Industry Melissa Price has released the Terms of Reference of the review, which has been launched in response to recommendations from the Centre for Defence Industry Capability, which continues to manage the Global Supply Chain Program on behalf of Defence.
“The independent review of the Global Supply Chain Program will identify how we can better position Australian businesses to meet Defence’s future requirements,” Minister Price said.
"The Morrison government is committed to making it easier for small and medium businesses to engage with global supply chains.
“We need these small and medium businesses to be a part of our robust, resilient, and internationally-competitive Australian sovereign defence industrial base.”
Minister Price said the review would enable Defence to provide more targeted support to Australian businesses seeking opportunities with multinational defence companies.
“It will also look at ways to better incentivise the achievement of these outcomes among participating businesses,” she added.
Recommendations from this latest review are expected to be delivered to Minister Price in October.
[Related: Industry secures $20m in Defence Innovation Hub contracts]
Charbel Kadib
News Editor – Defence and Security, Momentum Media
Prior to joining the defence and aerospace team in 2020, Charbel was news editor of The Adviser and Mortgage Business, where he covered developments in the banking and financial services sector for three years. Charbel has a keen interest in geopolitics and international relations, graduating from the University of Notre Dame with a double major in politics and journalism. Charbel has also completed internships with The Australian Department of Communications and the Arts and public relations agency Fifty Acres.
