Today's announcement of Australia's sovereign submarine build and sustainment partners demonstrates the Albanese Government's focus on maximising Australian industry involvement and jobs in the build and sustainment of Australia's next generation conventionally-armed, nuclear-powered submarines.
A strong defence industry is critical to providing the deterrence our strategic circumstances demand. This is a whole-of-nation undertaking that will see around 20,000 jobs created across Australia, with unprecedented opportunities for Australian industry at home and abroad with our AUKUS partners. It is the opportunity to build a Future Made in Australia, by Australians, with record investments in defence, skills, jobs and infrastructure.
Industry
The continued development of our industry and workforce is not just important for Australia, but is also pivotal for building more robust and resilient supply chains for all AUKUS partners. This is a key element and strength of the AUKUS trilateral partnership.
The Albanese Government will continue collaboration with AUKUS partners and industry, including ASC Pty Ltd and BAE Systems to develop Australian supply chains and facilitate industry participation in the United Kingdom and United States supply chains. Part of this coordination is the development of an efficient vendor qualification process.
To this end, in January the Defence Industry Vendor Qualification Program was launched. With the assistance of AUKUS partners, the program is reducing barriers and streamlining process as we accelerate the entry of Australian products into UK and US supply chains. Once qualified, Australian companies will be well-positioned to contribute to international supply chains, working with UK and US industrial partners.
In its initial wave, the program is working with 26 companies to qualify supplies across four product families to meet US supply chain requirements. The next wave will expand the program to qualify suppliers into both the US and UK supply chains and will commence in mid-2024.
