NSW backs new Defence Export Strategy

Media release | 29 January 2018

Minister for Trade and Industry, Niall Blair welcomed the release of the Commonwealth Government’s Defence Export Strategy saying it provides the kind of support NSW’s outstanding defence companies need to propel them onto the world stage.

“This strategy will reinforce the great work being done through the NSW Government’s Defence and Industry Strategy and ensure NSW and the Commonwealth continue to work closely together to strengthen our defence industry and create new jobs with export revenues,” Mr Blair said.

“Defence manufacturers, like any successful companies, need their ambitions to be global and the Strategy’s $3.8 billion loans scheme will drive that global growth.

“While defence exports will continue to be strictly regulated under Commonwealth oversight and regulation, this support will help our industry and niche suppliers sell more products, services and technologies to approved customers worldwide.

“It will support local jobs and skills and help propel Australia’s defence industry into the global top ten.”

NSW is already home to some of the world’s most successful defence companies.

Thales Australia is achieving remarkable success exporting their world-leading underwater acoustic technologies and products from Rydalmere in NSW.

BAE Systems Australia, along with its industry partners, is also positioning to export its Australian-based services through the creation of a Regional Sustainment Hub for Joint Strike Fighters at Williamtown in the Hunter.

The new Strategy also supports states working together on export successes - for example Quickstep in NSW and BAE Systems in South Australia are supplying parts to Marand in Victoria and contributing to their export of vertical tails for the F-35 Joint Strike Fighter.

NSW: Strong, Smart and Connected