Today the Turnbull Government and Naval Group Australia confirmed that 126 local businesses to date have been pre-qualified as eligible to take part in the supply chain for the $50 billion Future Submarine Program.
Over the last twelve months, these businesses have been thoroughly assessed and deemed as capable of delivering the quality products, parts or services needed to deliver this vital project.
Minister for Defence Industry, the Hon Christopher Pyne MP, said that this clearly shows the Government is setting a cracking pace in ensuring maximum Australian industry involvement, generating jobs and driving economic growth across the country in this flagship program.
“These Australian businesses that have passed the rigorous screening process are now able to bid for Future Submarine tenders for parts such as batteries, motors, pumps and many others as they are announced,” Mr Pyne said.
“The Future Submarine program will create 2800 jobs, but also many more thousands in the supply chain across the country in businesses such as these.
“This is just the beginning for Australian businesses becoming eligible to take part in this and our other naval shipbuilding projects.
“The Government fully expects many hundreds of Australians businesses to be part of the supply chain of our locally built Future Submarines, Future Frigates, Offshore Patrol Vessels and Pacific Patrol Boats,” he said.