Defence to accelerate strategic purchases
Defence will overhaul its procurement process in a bid to fast-track new projects as strategic urgency increases. Major reforms will be introduced in 2022 to cut red tape and streamline tender processes, giving industry greater clarity on upcoming tenders. The changes will slash up to 12 months from the four years it typically takes to get projects to contract stage. The reforms follow a 14-month review that received responses from small family-run enterprises to giant defence firms.
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