Australia is building a robust, resilient and globally competitive defence industrial base to support an agile and capable Australian Defence Force.
Under the 2020 Force Structure Plan, Australia is investing A$270 billion in Defence capability over the next 10 years. This significant investment in defence capabilities will flow to Australian industry, creating jobs and enhancing skills. New projects will help build a sovereign industrial base that is innovative and high-tech to meet Australia’s defence capability needs and national economic goals.
Investing in emerging technologies
Australia is empowering the development of cutting edge innovations that have the potential to enhance defence capability, by investing A$1.2 billion through the Next Generation Technologies Fund and A$800 million through the Defence Innovation Hub.
These initiatives create opportunities for partnerships between industry, academia and government to deliver future-focused defence technologies including:
- sensors and analytics
- advanced materials
- robotics and automation
- additive manufacturing
- augmented and virtual reality
We want more of these propserous collaborations and encourage them through our peak science agency, the CSIRO, cooperative research centres (CRCs) and other academic channels.
The Australian Defence Export Office coordinates whole-of-government efforts to support the export success of Australian defence industry.
Some of our defence exports
- Over 50 companies share more than $1.7 billion in contracts as part of the global Joint Strike Fighter Program investment.
- Joint $40 million contract for Air Power Teaming System Technology (ATSI).
- Thales Australia Bushmaster Protected Mobility Vehicles, designed and built in Australia are used by a number of countries, including Fiji, the Netherlands, New Zealand and the United Kingdom.
- Austal has secured a contract worth over US$70 million with the government of Trinidad and Tobago to purchase two Austal Cape Class Patrol Boats, supported by a loan from the Defence Export Facility.
- Working with the US Department of Defense to create sensors and decoys for naval fleets.
Priority investment areas
- $168-183 billion in naval shipbuilding
- $75 billion in maritime
- $65 billion in air
- $55 billion in land
- $15 billion in information and cyber
- $7 billion in space