Opening new opportunities for Australia’s defence industry in Oman
11 Apr 2019
Australia’s defence companies have showcased their world-class products, technologies and services at the first-ever Oman Defence Industry trade mission, held in Muscat in March.
All 19 Australian delegates delivered presentations on their products and services to more than 60 senior decision-makers and procurement officers from Oman’s defence and security agencies, as well as industry and government.
‘Oman is making a concerted effort to diversify its economy and attract more foreign business and investment,’ said Ross Bray, Austrade’s Trade Commissioner to Saudi Arabia, Bahrain, Egypt and Oman. ‘This includes building its manufacturing capabilities — and the country is seeking partners to help them do this.
‘In the defence sector, Oman is budgeted to spend A$12.64 billion in 2019 on defence and security, including acquiring new capabilities across land, air and sea. Some Australian companies have already achieved success in Oman, notably Australian shipbuilder, Austal, who has provided two High Speed Support Vessels.’
Delegates conducted meetings with Omani companies seeking a range of possible partnerships, including through-life support and local manufacturing. They also obtained insights into Oman’s current and future defence and civil security needs, as well as industry advice on doing business in the country. In particular, Australian businesses found active interest in areas such as training, boat and shipbuilding and advanced, niche capabilities such as drone detection.
Australian delegates left Oman with a greater understanding of the Omani defence industry and market, while Omani delegates gained a fuller understanding of Australian defence industry capabilities and offerings.
The mission also strengthened the bilateral Australia–Oman relationship, by building new people-to-people links and contributing to the broadening of the trade relationship between the two countries.
Austrade and the Department of Defence delivered the mission, which was led by the Australian Defence Export Advocate, the Honourable David Johnston, and Australian Ambassador to Saudi Arabia, Oman, Bahrain and Yemen, His Excellency Ridwaan Jadwat.
The mission is an example of the new support mechanisms available to industry under the Defence Export Strategy.
Read the Oman market profile or contact Austrade for more information on business opportunities in Oman’s defence market. Companies looking to export their defence or dual-use products, software or technologies may need a permit from the Defence Export Controls branch.