The Australian Department of Defence has announced that Raytheon has selected ten small and medium-sized businesses (SMEs) for its industry engagement programme.
Called ‘Capability Plus’, Raytheon Australia’s programme aims to help SMEs win defence contracts in Australia and overseas markets.
It allows selected companies to work with Raytheon and support the delivery of capability to Australia’s Defence Force while developing their businesses.
The ten companies selected for the programme are AOS Group, archTIS, Calytrix, Coherics, Daronmont, JEDS, Plexsys, Redarc, Silentium and Willyama.
Australia Defence Industry Minister Melissa Price welcomed the initiative and congratulated the businesses selected for the programme.
Price said: “Raytheon’s Capability Plus programme will support local businesses to improve their competitiveness to win defence work here and overseas.
“It will support their long-term sustainability and our goal of building supply chain resilience and self-reliance.
“The Morrison government remains committed to ensuring Australian industry benefits from its commitment to invest A$270bn in defence capability over the next decade.”
According to the Australian Defence Department, programmes such as Capability Plus ‘create pathways’ for smaller Australian businesses to enhance capability and competitiveness via new opportunities and training.
The programme will support local companies in engineering, project management, cybersecurity, quality and ISO certification.
Through this initiative, local businesses can also access Raytheon Technologies’ global supply chain.
Last month, Raytheon Australia won an $84.5m (A$111m) sustainment contract by the Australian Department of Defence for the NASAMS.