Defence urged to overhaul definition of sovereign industry


The head of the Australian Industry and Defence Network has called on Defence to overhaul its definition of sovereignty, which currently allows foreign-owned companies to be classified as Australian defence industry.

Mike Johnson used a National Press Club speech on Wednesday to call for an update to the two-year-old definition, while also urging the introduction of new rules requiring a minimum share of defence contracts go to Australian SMEs.

The …

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