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Home Composite Materials

Tasmanian defence industry goes from strength to strength

by pcm_admin
September 13, 2023
in Composite Materials, Defence, Engineering, Grants and funding, Manufacturing News, Tasmania
Reading Time: 2 mins read
A A
Military factory.Warehouse of military equipment. Battle tanks in the factory

Military factory.Warehouse of military equipment. Battle tanks in the factory

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Tasmania’s manufacturing and defence industries continue to innovate and provide cutting-edge technology and world-leading defence products to Australia and the globe.

Minister for Advanced Manufacturing and Defence Industries, Madeleine Ogilvie, said that the Tasmanian Government is the strongest supporter of these businesses and is committed to supporting this critical sector so they can continue to stamp their mark as world leaders.

“We have released the Advanced Manufacturing Action Plan 2024 and the Tasmanian Defence Industry Strategy 2023 which will underpin thousands of jobs throughout Tasmania,” Ogilvie said.

“Tasmanian companies have already exceeded the goals set out in the Defence Industry Strategy, with more than $129 million in defence related contracts over the last three years – a testament to the quality products and technology our State has to offer,” she said.

More than 50 defence supply contracts were awarded to Tasmanian companies in 2021-22 alone, attracting around $75 million into its economy.

“The recent success of Tasmanian businesses as part of the Hanwha Defense Australia LAND 400 Phase 3 project is expected to deliver more than $100 million to the Tasmanian economy, and will secure more than 50 new jobs.

“Our strategic, economic and technological environment has changed since we developed our previous strategies, and it is important for our continued success that these changes are considered as we develop the next.

“These developments include the recent and ongoing technological developments in robotics, software and communications technology, artificial intelligence, cyber security, and other advanced fields which are changing the competitive landscape, risks and opportunities for manufacturers.

“Work has commenced to develop new strategies that will harness the momentum our Tasmanian companies have generated in this space.

“The Rockliff Liberal Government is once again proving that we have the vision for creating more Tasmanian jobs and boosting the economy by working alongside industry and small businesses to support them in achieving success,” Minister Ogilvie said.

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