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The New Zealand defence market is characterized by its focus on agility, interoperability, and adaptability to diverse security challenges. With a projected CAGR of 2.8% from 2023 to 2027, the market is expected to reach a value of $NZ 3.9 billion by 2027.
The New Zealand government adopts a risk-based approach to defence procurement, prioritizing capabilities that address emerging threats, enhance interoperability with allies, and optimize resource utilization. The procurement process is overseen by the Ministry of Defence (MOD) and guided by the Defence Capability Plan 2019, which emphasizes strategic partnerships, technology innovation, and value for money.
New Zealand's defence procurement priorities include:
Maritime patrol aircraft and vessels
Maritime patrol aircraft
Air combat capabilities
Intelligence, surveillance, and reconnaissance (ISR) systems
Cybersecurity solutions
Logistics and support services
The key authorities responsible for New Zealand defence procurement are:
Ministry of Defence (MOD)
New Zealand Defence Force (NZDF)
Defence Industry Association of New Zealand (DIANZ)
Major players in the New Zealand defence procurement landscape include:
Lockheed Martin
Boeing
Thales Group
Leonardo S.p.A.
General Dynamics
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