SA-UK defence and tech deal signed
27 January 2022
A new agreement has been signed between South Australia and the United Kingdom this month, unlocking billions of dollars in economic activity.
The three-year memorandum of understanding was signed during a recent visit from UK Foreign Secretary Liz Truss. It is set to deepen the state’s relationship with the UK in the defence, cyber and space industries, whilst also making it easier for local businesses to break into the UK market and help implement the AUKUS agreement.
The deal was struck following a visit to the state-of-the-art Osborne Naval Shipyard – set to be home to the construction of Australia’s first fleet of nuclear-powered submarines – and Lot Fourteen.
We were honoured to give a tour to The Rt Hon Elizabeth Truss MP, Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom. A 3-year Memorandum of Understanding was signed at a special ceremony between the UK and @sagovau #InnovationDistrict pic.twitter.com/413ISRLeUJ
— Lot Fourteen (@LotFourteen) January 24, 2022
This is the first ever state level agreement between the UK and Australia.
