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PP42 April 2012

Defence procurement to involve local industry and overseas acquisitions

06 Sep 2011

Source: Ninemsn


Defence Minister Stephen Smith has announced that the acquisition of almost 1000 vehicles would create work for industry in NSW and Queensland, stating that defence procurement traditionally involved a combination of local industry and overseas acquisitions.

"An important national security factor is the capacity to have a local industrial capability," he said.

"From the defence perspective, we run a national security policy. It is part of our national security makeup that we do have to have local industry capability in a range of areas."

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