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Defence Export Strategy sets out ambitious vision for the industry

"The Federal Government's first Defence Export Strategy released today is strongly supported by Australia’s defence industry. The Defence Export Strategy is a significant step in helping to build the capability of defence industry to support the Australian Defence Force, grow our local industry, and promote Australia's economic goals," Australian Industry Group Chief Executive, Innes Willox, said today.

"Defence exports are a critical underpinning in the development, growth and prosperity of our defence industry, which contributes significantly to national security and economic outcomes. The development and release of a Defence Export Strategy is recognition that the Australian defence industry depends on both domestic acquisition and development of overseas markets. At the heart of this new strategy is the partnership between Government and industry, which is crucial for breaking into overseas defence markets.

"The Defence Export Strategy provides firmer foundations for the industry’s success, including: a set of strategic goals, an emphasis on the partnership between the Australian Government and industry in pursuit of exports, and associated funding and organisational structures.

"Australian industry is already committed to the delivery of first class capability to the Australian Defence Force, and we have significant local capabilities with further potential for overseas markets.

"Australia has a number of export success stories, including the CEA radar, the Australian-designed Nulka system, Austal vessels and Thales Bushmasters. The Defence Export Strategy will allow Australia to build on these successes, and expand our defence industry and capabilities together with Defence and other Government agencies.

"The Defence Export Strategy sets out an ambitious vision for the industry to become a global defence exporter, and Ai Group looks forward to working with Defence on implementing this strategy for success," Mr Willox said.

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