Defence, aerospace, IT and cybersecurity is shaping up as a big industry for South Australia with many billions of dollars being invested in naval shipbuilding in Adelaide over the next couple of decades.
Quick facts about this industry
Defence projects, including building fleets of submarines and frigates, are expected to create around 5,200 jobs here in South Australia by the mid to late 2020s.
Cyber security is also set for extraordinary growth, with an estimated 11,000 new jobs to be created over the next decade.
The Australian Space Agency will be established in Adelaide from mid-2019, bringing world-class technology and up to 20,000 new jobs to the state by 2030.
The Australian Space Agency will be located at Lot Fourteen, alongside cutting-edge space, defence and research companies and FIXE@Lot Fourteen; the state’s startup and innovation hub.