Australia has a strong hand. Are we playing it well?

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Economy

SA | Building The New Defence-Tech Economy

Australia’s defence‑tech moment has arrived. The Government’s recently released 2026 National Defence Strategy update signals a significant uplift in Defence spending, including increased investment in the technologies reshaping modern conflict and commerce.

 

As global strategic uncertainty intensifies and advanced technologies become central to both defence capability and economic strength, Australia faces critical choices about building sovereign capability, resilient supply chains and globally competitive defence‑tech industries.

 

This  conversation brought together government, industry, investors and the community to explore how AUKUS Pillar II creates new commercial opportunities across AI, quantum, cyber, electronic warfare and undersea systems, how SMEs can cross the commercial “valley of death” from R&D to revenue, and how South Australia can position itself as a globally competitive hub for defence‑tech, talent and investment in the decade ahead.


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