Overview

The Australian Government has awarded 10,812 contracts worth $27.60B in the Aerospace Systems and Components procurement category (UNSPSC family 2520), spanning 22 years (2005–2026). This spending covers 1,367 distinct suppliers and 10 government agencies. The largest buyer is Department of Defence, and the most-awarded supplier is FMS ACCOUNT RESERVE BANK OF AUSTRALIA. Year-over-year spending has increased by 69%. There are currently 122 contracts worth $1.96B expiring within the next 12 months, representing potential recompete opportunities.

Key Metrics

10,812Total contracts
$27.60BTotal value
1,367Suppliers
10Agencies
$2.6MAvg contract
122Expiring (12mo)

Annual Spending

↑ 69% YoY

Government spend on Aerospace Systems and Components over time. Hover bars for details.

$0 $1.88B $3.76B $5.64B $7.51B 2012: $464.9M (57 contracts) 12 2013: $794.7M (1,060 contracts) 13 2014: $2.76B (1,191 contracts) 14 2015: $1.02B (1,529 contracts) 15 2016: $3.26B (1,300 contracts) 16 2017: $1.73B (1,086 contracts) 17 2018: $3.41B (806 contracts) 18 2019: $875.9M (652 contracts) 19 2020: $678.0M (629 contracts) 20 2021: $515.9M (612 contracts) 21 2022: $1.67B (574 contracts) 22 2023: $7.51B (414 contracts) 23 2024: $729.7M (424 contracts) 24 2025: $495.8M (349 contracts) 25 2026: $8.2M (49 contracts) 26

Top 10 Suppliers

Largest suppliers in Aerospace Systems and Components by total contract value awarded.

#SupplierContractsValueShare
1 FMS ACCOUNT RESERVE BANK OF AUSTRALIA 20 $7.72B 28.0%
2 LOCKHEED MARTIN AUSTRALIA PTY LIMITED 2 $2.22B 8.0%
3 AIRBUS GROUP AUSTRALIA PACIFIC LIMITED 158 $2.11B 7.6%
4 AIR7000 P8 POSEIDON 53 $1.91B 6.9%
5 BOEING DEFENCE AUSTRALIA LTD 219 $1.79B 6.5%
6 FMS ACCOUNT 48 $1.11B 4.0%
7 LOCKHEED MARTIN AUSTRALIA PTY 1 $916.4M 3.3%
8 GENERAL ELECTRIC INTERNATIONAL INC 75 $812.3M 2.9%
9 NORTHROP GRUMMAN AUSTRALIA PTY LIMITED 33 $811.4M 2.9%
10 STANDARDAERO 21 $756.4M 2.7%

Top 10 Agencies

Government agencies with the most spending in Aerospace Systems and Components.

#AgencyContractsValue
1 Department of Defence 10,786 $26.40B
2 Geoscience Australia 8 $1.19B
3 Department of Climate Change, Energy, the Environment and Water 3 $3.7M
4 Attorney-General's Department 1 $968K
5 Australian Federal Police 5 $615K
6 Australian Maritime Safety Authority 1 $514K
7 Department of Agriculture, Fisheries and Forestry 4 $277K
8 Australian Transport Safety Bureau 1 $30K
9 Department of Industry, Science and Resources 1 $22K
10 2 $0

Parent Category

Vehicles & Components UNSPSC Segment 25 · 74,050 contracts · $195.65B · 7,196 suppliers

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