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New Defense Industry Policy Aims At Enhancing Competition

June 28 2010

Australia

Greg Combet, the minister for defense materiel, has launched a new defense industry policy for Australia, reports the Australian Dept. of Defense.

The policy outlines more than Aus$445 million (US$387 million) of programs designed to improve Australian industries competitiveness, innovation, ability to enter export markets, win local contracts and boost the skills of their workforces, said Combet.

The new policy is based on four principles: setting clear investment...

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