Statement by Michael Ward on defence export strategy

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Statement from Michael Ward, managing director of Raytheon Australia

Australia’s premier defence integrator has welcomed the release of the Government’s new defence export strategy.

Raytheon Australia Managing Director, Michael Ward, said:  “The new policy further demonstrates the Government’s priority to use defence industry as a key driver of innovation and jobs.”

To date, Raytheon Australia’s export focus has been to encourage Australian SME’s into the Raytheon global supply chain. As one of the first companies to sign up to the global supply chain programme, Raytheon Australia has secured over $300 million of export contracts for Australian firms.

Mr Ward said “I commend the Government’s motivation to find new ways to see defence industry through the peaks and troughs of local demand.  By encouraging new exports markets the industry will be strengthened and made more competitive.”

“This new policy will provide additional encouragement to Australian industry to develop and expand defence exports. In this regard I am pleased that the Government recognises that exports of defence services are as critical as the export of manufactured goods.”

About Raytheon Australia
As Australia’s leading provider of whole-of-life integrated solutions, Raytheon Australia is trusted to deliver; always.

The company provides integrated mission solutions for the Australian Defence Force for Surface Ships, Submarines, Joint Battlespace Systems and Mission Support as well as training solutions for both Defence and civil customers.

Raytheon Australia was established in 1999 as a full subsidiary of Raytheon Company.  It has since grown to be one of Australia’s most significant Defence companies employing more than 1300 Australians.

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