Procurement Professional is the official publication of CIPS Australasia

Boeing steps up Australian procurement partnership

18 Aug 2010

Source: Boeing

Over the past three decades, Boeing has worked with government and industry in Australia on several significant defence-related procurements, including the placement of some $4 billion in work over the next 20 years on the 787 Dreamliner program. Such procurements, however, have traditionally included large volumes of offset-related activity.

In 2007, a dramatic shift in thinking occurred around Australia’s defence industrial policy. “It was a sign of the maturity of the relationship – which is more akin to the partnership – between Government, Defence and industry,” said Wes Field, Boeing Senior Manager of Industrial Participation. “What this partnership began to realise was that the best way of maintaining a sustainable Australian aerospace and defence industry was to start helping the smaller companies win work from global supply chains.”

In three years, the Boeing OAIC successfully assisted 14 Australian companies secure firm contracts within its global supply chain valued at just under US$18 million. The awarded contracts contain options that could increase the realised value of work to US$30 million over the next few years based on good execution of the initial work awarded.

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