Ungated Post | 16 Jan 2017

The Impact of BAE Systems on Australia

BAE Systems have operated in Australia for more than 60 years, now covering  25 sites and helping BAE Systems Australia maintain its position as one of the nation’s primary defence contractors. This report, commissioned by BAE Systems and produced by Oxford Economics, examined the contribution that BAE Systems Australia had on the Australian economy in 2015. 

Our analysis found that BAE Systems Australia’s total contribution to domestic GDP in 2016 stood at AUD 1.3 billion, with AUD 700 million of this coming from its direct activities and a further AUD 600 million through its supply chain and the retail activity supported by its employees’ consumption. This  sustained a total of 7,556 full time equivalent jobs, 3,303 directly. In total, AUD 321 million of tax contributions were made.

The report goes further to demonstrate the additional impacts that BAE Systems Australia made. This includes detailing the benefits of its significant investments in research and development, which will have had large private and social benefits. It also examines the value generated by the company’s investment in capital spending and the training of its workforce, as well as the importance of its commitment to promoting interest in STEM subjects to support the next generation of Australian engineering talent.

Read the full report.

Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.

To find out more about our capabilities, contact:

Americas
Diantha Redd
+1 (646) 503 3052
Email

Asia Pacific
Peter Suomi
+65 6850 0110
Email

EMEA
Aoife Pearson
+44 (0)203 910 8054
Email

Related Services

Post

Enabling North American Graphite Growth

This report explores the global graphite market, rationales for trade action on Chinese graphite, and the history of Section 301 tariffs on US imports of graphite anode material from China.

Find Out More

Post

Economic impacts of Pitch Perfect: Bumper in Berlin in Germany

This study, commissioned by the Motion Picture Association (MPA), focuses on the show “Pitch Perfect: Bumper in Berlin”, and analyses the production’s total economic impacts in Germany in 2022, when the series was filmed. The study also considers the wider impact on Germany’s economy.

Find Out More

Post

The Impact of the Longevity Workforce on the Resilience of Spain’s Economy

This study investigates how Spain’s ageing workforce should be seen as an antidote to financial shocks and an ingredient for future economic success.

Find Out More