South Australia’s defence industry and small business sector have been advised to get smart, get organised and get strategic if they are looking to gain lucrative work on future defence contracts.
DefenceSA’s South Australian Industry Engagement Forum which was held today and attended by 70 local firms, outlined that the next 20-30 months will define how local industry can benefit from the next 20-30 years.
Today’s summit highlighted the significant body of work on the near, medium and far horizons for South Australian industries.
Construction of the $3 billion Offshore Patrol Vessels set to start at Techport in 2018, is expected to generate more than 400 direct and 400 indirect jobs.
The $30 billion Future Frigate program, due to commence in Adelaide in 2020, will lead to approximately 2000 direct jobs.
Construction of the 12 Future Submarines - worth $50 billion - is due start in 2022. French designer DCNS estimates the submarines project will generate 2900 direct jobs in South Australia, with 1700 jobs at ASC, 100 jobs at DCNS office, 600 jobs in supply chain, 500 jobs in combat system integration.
Firms who presented at today’s event included: BAE, Thales, Mincham Aviation, SupaShock, MG Engineering and Smart Fabrication and other presenters include DTC, DefenceSA, Department of State Development and the Economic Development Board.