Tuesday, 29 May 2012

Region. Enterprises at risk

Small to medium enterprises which provide equipment for the Australian Defence Force face difficult times with Budget cuts and delays to projects. Western Sydney has a significant number of such companies. For example, Sydney Olympic Park and Silverwater region is home to world-leading companies operating in aerospace and defence circles and 40 companies in and around Ryde are involved in the Defence supply chain. Other firms are spread across the region. In another move, Lockheed Martin is cutting production of the US F-35 joint fighter, which is likely to affect local suppliers, such as, Quickstep Holdings, at Bankstown Airport, a supplier of composites for the aircraft.



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