ADS, the Department for International Trade’s UK Defence & Security Exports (UKDSE) and the Australian High Commission in London are jointly organising an information webinar on the Australian market, to promote greater awareness of the potential commercial opportunities there are for UK firms to do business there in the defence, security and cyber security sectors. This is intended to be the first in a proposed series of such events, with further webinars focused on the air, land, maritime, space and cyber sectors, as well as on the capabilities, etc of the Australian defence industry following on during early-2021.
There was already considerable interest in doing business with Australia prior to the release on 1st July 2020 of Australia’s 2020 Defence Strategic Update and 2020 Force Structure Plan which clearly sets out a highly ambitious plan for the future enhancement of Australia’s defence capabilities, so that by 2030 it due to be spending c.3% of its GDP on defence. This is to include c.A$75bn (c.£41bn) to be spent enhancing its maritime capabilities between now and 2030, c.A$65bn (c.£35.5bn) on its air capabilities, c.A$55bn (c.£30bn) on its land capabilities and c.A$7bn (c.£4bn) on its space capabilities all within the same 10-year timeframe. This has only served to further interest in doing business with Australia, as it has clearly set out defence spending plans and aspirations at a time when many other nations are seeking to reassess their budgetary spending plans for life in the post-Covid World.
This webinar will feature presentations by officials from the UK and Australian governments, as well as from the UK Defence Solutions Centre on its perceptions on the potential opportunities that could present themselves for UK firms and from AUSTRADE on the considerable indigenous capabilities that already exist in Australia and should make the all-important search for local industrial partners as easy as possible.
09:00 (BST) - Welcome, Laura Normandale, ADS
09:02 (BST) - Opening comments, Caroline Donaghy, Director – Defence, ADS
09:05 (BST) - The Australian market (UK view), Dave Hewer, UKDSC
09:15 (BST) - The Australian market (view from Australia), Sam Webb, FSDS, British High Commission in Canberra
09:25 (BST) - The Australian Strategic Update, Jane Wood, Counsellor Defence Materiel, Australian High Commission in London
09:35 (BST) - The vital importance of partnerships with Australian industry, Andy Thompson, Director – Defence & Security, AUSTRADE
09:45 (BST) - Open forum Q&A
10:00 (BST) - Close, Brinely Salzmann, ADS