Page 37 - Australian Defence Magazine Dec-Jan 2023

DECEMBER 2022-JANUARY 2023 | WWW.AUSTRALIANDEFENCE.COM.AU
TOP 40 DEFENCE CONTRACTORS 2022 37
$18,000,000,000
$16,000,000,000
$14,000,000,000
NIOA (as mentioned) also saw its turnover double from 2021 and has jumped from sixth to second. Collins Aerospace
“The increase in revenues was really driven by key ADF program wins, supported with an increase in operational
The Top 20 Australian or New Zealand owned SMEs (ANZ SMEs) has also experienced large growth. Total turnover has crossed the billion dollar mark for the first time in the history of this survey: from $819 million in 2021 to $1.24 billion in 2022. Much of this is due to the aforementioned growth of Sitzler at the top of the list. The cut-off to qualify for this list has also doubled from $11.7 million to $21.2 million, though this is largely due to the inclusion of five new companies who have not previously submitted for this survey.
Turning now to other data, female participation in defence industry continues to remain static with a median of 22.4 (up from 22), though average participation has grown from 24.6 per cent to 26.28 per cent. Increasing female participa- tion would appear to be an obvious and effective solution for the workforce difficulties experienced across industry.
Several companies saw increases in their percentage of female employees: Kinexus (from 46.12 per cent in 2021 to 53 per cent in 2022), NIOA (from 27 per cent in 2021 to 44 per cent in 2022), Beca (25 per cent to 40 per cent), KBR (25 per cent to 35 per cent), Air Affairs Australia (which has been acquired by QinetiQ for $53 million), and AeroPM (17 per
cent to 27 per cent).
Thank you once again to all the
companies that took the time to re- spond to this survey. As stated, we had a near-record number of sub- missions this year (only one short of last year’s record), showing a broad enthusiasm across industry for this numerical photograph of Australia’s defence industrial base. We look forward to conducting this survey again next year. ■
$12,000,000,000
is another clear winner with a 52 per cent increase in rev- enue, from $28.2 million in 2021 to $42.8 million in 2022.
$10,000,000,000
revenues, [which] contributed to the increase of revenues for 2021,” Managing Director Sonny Foster said to ADM.
Interestingly, the cut-off to qualify as a Top 20 SME
in 2022, reflecting competitive growth across this sector
of Australia’s defence industry, not only at the top of the
chart. Notable new inclusions to this list include Barpa
$8,000,000,000
has increased from $25.3 million in 2021 to $30 million
$6,000,000,000
(fifth), ACE Infrastructure (10th), Brassets Group (11th), and the return of HI Fraser for the first time since 2016, while absences include Omni Executive (which no longer qualifies as an SME).
TOP 40 TURNOVER
$1,700,000,000.00 $1,500,000,000.00 $1,300,000,000.00 $1,100,000,000.00
$900,000,000.00 $700,000,000.00 $500,000,000.00 $300,000,000.00
TOP 20 SME TURNOVER
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2009 2010
2011 2012
2013 2014
2015 2016
2017 2018
2019 2020
2021 2022
2009 2010
2011 2012
2013 2014
2015 2016
2017 2018
2019 2020
2021 2022