- The Strategist - https://www.aspistrategist.org.au -
Defence projects, jobs and economic growth
Posted By Mark Thomson on July 8, 2014 @ 06:00
The acquisition of F-35 aircraft will bring significant economic benefits to Australia, including in regional areas and for the local defence industry with more jobs and production for many locally-based skilled and technical manufacturers.
Project | Cost | National output | Jobs |
Anzac frigates | $5.6 billion | $10.9 billion | 57,000 |
Huon minehunters | $1.0 billion | $1.7 billion | 9,250 |
Project | Cost | GDP increase | Jobs increase |
Anzac frigates | $5.6 billion | $3 to 7.5 billion | 7,850 |
Huon minehunters | $1.0 billion | $887 million | 1,860 |
Article printed from The Strategist: https://www.aspistrategist.org.au
URL to article: https://www.aspistrategist.org.au/defence-projects-jobs-and-economic-growth/
[1] Image: http://www.aspistrategist.org.au/wp-content/uploads/2014/07/20140703ran8526350_110.jpeg
[2] recent post: http://www.aspistrategist.org.au/the-curious-case-of-the-mrh90/
[3] John Harvey reminded us: http://www.aspistrategist.org.au/a-simple-australian-defence-acquisitionindustry-policy-framework/
[4] F-35 announcement: http://www.minister.defence.gov.au/2014/04/23/prime-minister-and-minister-for-defence-joint-media-release-f-35-joint-strike-fighters-to-transform-australias-air-combat-capability/
[5] compete with foreign manufacturers to supply the global F-35: http://www.asiapacificdefencereporter.com/articles/1/JSF-Australia-Industry-Participation
[6] troubled Air Warfare Destroyer Project: http://www.minister.defence.gov.au/2014/06/04/minister-for-defence-air-warfare-destroyer-added-to-projects-of-concern-list/
[7] three vessels for the price of four: http://www.aspistrategist.org.au/four-ships-for-the-price-of-six/
[8] DefenceSA: http://www.defencesa.com/
[9] here: http://www.defencesa.com/upload/media-centre/publications/cor/Defence%20SA%20Submarine%20Report.pdf
[10] here: http://www.defencesa.com/upload/media-centre/publications/cor/3304/NavalShipbuildingPaperFinalLoRes.pdf
[11] Anzac Ship project: http://en.wikipedia.org/wiki/Anzac-class_frigate
[12] Australian Industry Group: http://www.aigroup.com.au/industrysectors/defence
[13] here: http://www.aspistrategist.org.au/wp-content/uploads/2014/07/Impact-of-major-defence-projects-a-case-study-of-the-ANZAC-ship-project.pdf
[14] Huon minehunter project: http://en.wikipedia.org/wiki/Huon-class_minehunter
[15] here: http://www.aspistrategist.org.au/wp-content/uploads/2014/07/Impact-of-major-defence-projects-a-case-study-of-the-minehunter-coastal-project.pdf
[16] uses and missuses: http://www.pc.gov.au/__data/assets/pdf_file/0008/128294/input-output-tables.pdf
[17] analogous estimates in a 1994 Industry Commission report: http://www.pc.gov.au/__data/assets/pdf_file/0005/6971/41defenc.pdf
[18] wastefully early: http://www.aspistrategist.org.au/shipbuilding-australian-style/
[19] suggested in the past: http://www.afr.com/p/national/subsidised_warships_on_the_way_ZRCJdEBJGzPdTLDTlUcpyJ
[20] Department of Defence: http://images.defence.gov.au/20140703ran8526350_110.jpg