Defence and Industry
Contributing $1.4 billion defence is the second largest export industry, almost one fifth (19.7%) of all exports, compared with 5.8% across Queensland.
Defence has played a pivotal role to the industry and its supply chain with 14% of value added and an increase of $313 million over five years.
Rheinmetall Defence is a global defence manufacturer and has currently established the Military Vehicle Centre of Excellence (MILVEHCOE) as its Australia-New Zealand headquarters.
The MILVEHCOE operates as a sovereign industrial capability designing and manufacturing for export and military support, both locally and into the global supply chain.
The defence industry and associated supply chains contribute $780 million in exports to the economy and employ 10% of the Ipswich population