Newsroom

Supplier update

Supporting our suppliers through COVID-19
Our local supply chain is critical for the continuation of Defence work that will help to protect our nation and support our economy. BAE Systems Australia is focused on ensuring we continue to support our suppliers through this challenging time.

Update - 12 May

 
Since we entered this uncertain and challenging time, BAE Systems Australia has been finding ways to remain a strong supporter of our suppliers and to be in a position to help hundreds of small to medium size companies in our supply chain.

Every year, BAE Systems Australia spends over $330 million across some 1,500 local suppliers in Australia. We have been closely working with these businesses to understand the impact caused by COVID-19 and help mitigate disruptions in their operation.

By identifying imminent priorities at the early stages of the pandemic, such as fast-tracking payments, BAE Systems Australia worked toward releasing early payments to support businesses’ cash flow.

As a result, we have cleared for payment over $50 million in invoices that were either due for payment or we are processing them earlier to help our suppliers.

This is a significant injection into Australia’s economy and additional support to where it is needed during these tough times.

Our teams are now working with around 20 key suppliers to support them with the challenges they are facing.
 
To all of our suppliers, we strongly encourage you to reach out with any concerns so that we can help mitigate any risks to your business, and continue to deliver for the Australian Defence Force.
 

 

Update - 2 April

 
Every year, BAE Systems Australia spends over $330 million across some 1,500 local suppliers in Australia. With the challenges of COVID-19, we are now working quickly and closely with our suppliers to understand how their business may be impacted and explore additional support options.
 
Some of our current priorities include:
  • Establishing ways to ensure our suppliers are paid as early as possible
  • Working with suppliers on supply chain risks, as travel between states and territories continues to become more challenging
  • Looking at ways to send out planned procurement orders as soon as possible; and to bring future orders forward wherever possible
 
We are strengthened by our global network and there is a significant body of work underway to support BAE Systems' supply chains across the globe. We are working closely with our global counterparts to share experiences and bring knowledge back to Australia.
 
To all of our suppliers, we strongly encourage you to reach out with any concerns so that we can help mitigate any risks to your business, and continue to deliver for the Australian Defence Force.