The 2016 Defence White Paper signposts a complete redesign of the relationship between Defence and businesses that operate in the defence industry. KPMG provides actions and analysis for export-orientated and innovation-led Australian defence industry.
The shift from the Defence Capability Plan to a new Integrated Investment Plan that encompasses capital equipment plus supporting infrastructure is a major change. Companies will have to collaborate like never before to deliver not only their specific product or service, but the overall system on time and on budget.
Increased funding along with the streamlining of some 35 disparate Defence support programs into two new structures (The Centre for Defence Industry Capability and Defence Innovation Hub) will drive innovation. Companies used to the previous programs will have to move quickly to understand the new structures, while preparing for new market entrants attracted by the increased funding.