A black and white head shot of Mathias Cormann, who is smiling and wearing a dark jacket, shirt and tie.

Senator the Hon Mathias Cormann

Minister for Finance

18 September 2013 to 30 October 2020

Advisers Appointed for Air Warfare Destroyer Program Reform Strategy

JOINT MEDIA RELEASE

Senator the Hon. Mathias Cormann
Minister for Finance

Senator the Hon David Johnston
Minister for Defence

Date

The Government has taken the next step to put the Air Warfare Destroyer Program back on track with the appointment of key expert advisers to assist with the implementation of the Reform Strategy.

We have today appointed Greenhill & Co Australia Pty Ltd as Commercial Adviser and Ashurst Australia as Legal Adviser. These appointments followed a competitive procurement process.

These advisers will now immediately begin work to ensure that the Government's objectives for the Air Warfare Destroyer Reform Strategy are achieved. The Reform Strategy will:

  • Improve shipbuilding productivity at the Air Warfare Destroyer shipbuilder ASC and its subcontractors BAE Systems, Forgacs and Navantia;
  • Urgently insert an experienced shipbuilding management team into ASC; and
  • After augmented shipbuilding capacity has been put in place, pursue the reallocation of blocks between shipyards to make the Air Warfare Destroyer program more sustainable.

The implementation of the Reform Strategy will ensure that the Air Warfare Destroyer Program delivers this vital defence capability effectively and efficiently.

Media Contact(s)

For Minister Cormann - Karen Wu - 0428 350 139
For Minister Johnston - Mark Dodd - 0477 389 560