Defence and aerospace
Home to the largest number of defence bases and facilities in the nation, New South Wales is uniquely positioned to help the Australian Defence Force (ADF) and the defence industry.
NSW also provides the largest number of military and civilian personnel to the ADF of any Australian state or territory and is home to the Australian headquarters of some of the world's largest defence contractors.
Diverse opportunities for businesses
NSW has received the bulk of national defence materiel funding in recent years (A$8.1 billion), with more than A$4 billion in additional investment still to arrive before 2015–16.
Over the budgeting period from 2011-12 to 2015–16, total expenditure on materiel is expected to be $38b, suggesting around $12.2b of expenditure in NSW over a four year period. Defence activities in NSW generate in excess of A$5 billion annually.
The presence of substantial, technologically advanced defence facilities within the state present diverse opportunities for businesses. Several international companies have already established headquarters or operations in NSW in industries including:
- Heavy engineering and fabrication
- Vehicle construction.
NSW has the largest number of defence bases and facilities in Australia. As such, these facilities require the construction of considerable infrastructure to service large and complex operations. Large defence contractors employed in these projects give rise to significant opportunities for small to medium-sized enterprises. Figures from 2013 indicate these secondary activities contribute A$1.4 billion to the NSW economy.
The NSW Defence Industry Suppliers Directory provides details of many of the defence-related companies operating in NSW.
A strong defence industry requires many people, not just those in uniform. NSW's large defence presence ensures significant civilian contracting and employment opportunities. As a result, up to 30,000 people in NSW owe their employment to defence.