Powered by MOMENTUM MEDIA
Home / key enablers / Defence Export Strategy release date edges closer

Website Notifications

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

Defence Export Strategy release date edges closer

defence export strategy release date edging closer
Minister for Defence Industry Christopher Pyne

The importance of a strong Australian defence industry export market has never been more important, with government and industry coming together to create a strategy that will be released soon.

In March this year, Minister for Defence Industry Christopher Pyne revealed work was underway on the Defence Export Strategy, a new component of the 2016 Defence White Paper.

Advertisement
Advertisement

At the time, the minister said, "Currently we rank fifth in the world for defence imports, but 20th in the world for exports.

"We will strive to reverse those numbers. The Turnbull government will release a Defence Export Strategy later this year to plan, guide and measure defence export outcomes."

A spokesperson for Minister Pyne told Defence Connect that while no official date has been scheduled, "the Defence Export Strategy is currently under development by Defence and is scheduled to be released late in 2017".

"Extensive consultation is underway between Defence, industry and DFAT [Department of Foreign Affairs and Trade] to ensure the strategy works coherently to help open up new export markets for Australian defence materiel," the spokesperson said.

SPONSORED CONTENT

 

Minister Pyne said that the new strategy will be in line with the government's economic objectives and will aim to enhance Australia's future economic prosperity.

"This [the strategy] will be in support of our economic, foreign and trade policy objectives, and defence capabilities and national security goals," he said in March.

Earlier this weekAttorney-General George Brandis joined the list of politicians calling for increased export opportunities for Australia’s defence industry.

"Australia has a very, very strong technical capability in defence industry and there are export opportunities to be sought," Brandis told Sky News.

Defence Connect recently spoke with Richard Marles, opposition spokesman for defence, who has also called for a strong defence export industry, stressing that developing a sustainable and innovative defence export industry will be crucial if Australia is to avoid another crippling valley of death within the defence industry, one that is being experienced at present.

"We are dealing with the valley of death, really, in relation to shipbuilding right now," Marles told Defence Connect.

"Between the completion of the Hobart Class Air Warfare Destroyer, and whenever building ramps up for the OPVs [Offshore Patrol Vessels] and the Future Frigates going forward. That sort of valley of death is going to be a recurring feature unless we get our companies engaged in doing shipbuilding for other parts of the world. It needs to be export focused."

 

 

 

Defence Export Strategy release date edges closer
Defence-Industry-Minister.jpg
lawyersweekly logo

more from defence connect

Sep 16 2019
LAND 400 Phase 3 down select contenders announced
Defence Minister Linda Reynolds and Defence Industry Minister Melissa Price have officially confirme...
07:27
Air Force Wedgetail deployed to Middle East
A Royal Australian Air Force E-7A Wedgetail, an airborne early warning and control aircraft, has ar...
Sep 16 2019
PM’s US state visit to reaffirm special relationship between two nations
As Prime Minister Scott Morrison prepares to attend the US for a formal state visit hosted by US Pre...
FROM THE WEB
Recommended by Spike Native Network