"Since 2018, Australia has been seeking to become a top ten global defence
Its main exports are products and components that fit into broader global
supply chains for weapons and weapons systems. For example, the government
boasts there isn’t a single F-35 fighter jet production operation that doesn’t
feature Australian-made components.
The government sees further export potential for products and components to be
used in armoured vehicles, advanced radar systems, and patrol boats, as well.
While Australia hasn’t made much headway on its export ranking, it has enjoyed
some impressive sales success. In the 2017-18 financial year, the estimated
value of approved export permits was A$1.5 billion. By 2019-20, it had grown to
nearly $5.5 billion."
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics