Articles tagged with Associate Defence Minister Chris Penk

New Zealand Defence Industry Strategy: Boosting Local Businesses and Resilience

3 hours ago | 17 views

New Zealand's Defence Industry Strategy aims to support local businesses in delivering defence equipment and infrastructure, aligning with the 2025 Defence Capability Plan to double defence spending. The strategy emphasizes building a resilient industry to mitigate global tensions and enhance economic growth through collaboration with Kiwi innovators and major suppliers. Key actions include requiring multinational companies to partner with local businesses, establishing a Technology Accelerator, and creating offshore opportunities for showcasing New Zealand-made innovations to international partners.

Tags: Defence Minister Judith Collins Associate Defence Minister Chris Penk Defence Industry Strategy New Zealand industry Defence Capability Plan economy innovation technology suppliers