In this News Review episode, Grant McHerron, Ewen Levick and Ben Felton review and discuss some of the recent news of interest published on the ADM site.
We start with a discussion about the big announcement of the Henderson consolidation which was reported as involving billions but actually only committed a relatively small amount for breakwater extensions and a three year study. This leads us to a discussion of the fallacy of Defence as a method of economic growth, alternate funding mechanisms, and the concept of patriotic capital for funding national security.
Next up was the announcement of a Foreign Military Sales case starting for purchase of SM-6 and SM-2IIIC missiles, but there was no notification from the US Defence Security Cooperation Agency, unless that was done a while ago and we're finally acting on it? We then acknowledge that a sovereign missile construction capability would have to be producing products for international sales as the Australian market isn't large enough to make local production economical. Production in Australia can also enhance resilience in supply chains and complicate things for adversaries by increasing the number of routes to block.
We wrap the episode with a discussion of the recent ADM Australia-Korea Defence Congress and KADEX events, the presence of Australian industry, Defence and CASG representatives, and the increasing number of Korean companies who are looking to diversify into other markets through partnerships with Australian companies, especially in space industry.
LINKS:
Government announces Henderson consolidation:
www.australiandefence.com.au/news/news/government-announces-henderson-consolidation
Defence Financing Summit:
admevents.com.au/defence-financing-summit
Defence announces SM-6, SM-2IIIC order:
www.australiandefence.com.au/news/news/defence-announces-sm-6-sm-2iiic-order
ADM Australia-Korea Defence Congress:
admevents.com.au/adm-australia-korea-defence-congress
KADEX 2024 becomes the largest ever:
www.australiandefence.com.au/news/news/kadex-2024-becomes-the-largest-ever
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