thales: value and impact of australian supply chain...may 19, 2020 · key findings –supply chain...
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Thales: Value and Impact of Australian Supply Chain19 May 2020
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Executive Summary: Measuring Thales’s supply chain spend and impact
Key findings – supply chain spending trends
▪ Thales is a significant investor in local Australian businesses, with supply chain spend totalling $1.3b between 2017and 2019, of which 70% was associated with Maritime Service & Support, Protected Vehicles and Munitions & SmallArms. Thales’s supply base over this period included 1,616 Australian suppliers.
▪ In 2019, Thales spent $522m on 1,362 Australian firms, of which $140m was spent on procurement for Protected Vehicles, $113m for Maritime Service & Support and $113m for Munitions & Small Arms.
▪ SMEs are a critical part of Thales’s Australian supply chains, with almost 1,000 SMEs making-up 70% of all Thales’s Australian suppliers in 2019, and winning 61% of Thales’s Australian procurement spending.
▪ 89% of Thales’s Australian suppliers are in NSW, Victoria and Queensland, as this is where production is located;however, suppliers in all States and Territories receive some investment.
Key findings – supply chain jobs and economic impact
▪ Spending by Thales on suppliers supported 1,765 jobs in 2019, with Munitions & Small Arms, and Protected Vehiclesmaking the biggest contributions, at 414 (23%) and 380 (22%) jobs respectively.
▪ Nearly half of supply chain jobs associated with Thales’s Australian spending are in SMEs: of the 1,765 jobs 872(50%) are with SMEs.
▪ Thales supports jobs with suppliers all across the country, 88% of jobs are in NSW, Victoria and Queensland as this iswhere production is located.
▪ Thales sites have significant local economic impact: across major sites, 65% of suppliers, 55% of spend and 62% ofjobs supported are in the state where manufacturing occurs.
▪ Across major sites, Thales procures a substantial amount of manufactured machinery, either directly or throughwholesalers; however, purchases from other industries vary by location according to the type of productionundertaken at each site.
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Context for study
▪ Understanding the value and impact of Defence Prime spend on local Australian businesses is critical as the Australian Government ramps-up its $200bn Integrated Investment Program (IIP).
▪ Prime defence contractors, such as Thales, are key to translating IIP spend into effective local supply chain and investment programs because they provide a link between the Department of Defence’s investment and the many other Australian businesses that participate in the Prime’s supply chains.
– Thales is one of Australia’s largest manufacturers of Defence capabilities in Australia, with 12 major sites located around the country.
– Thales is a significant customer for other local Australian businesses that participate in its supply chains, with spending of $1.3b from 2017 – 2019.
▪ However, to date there has been little quantitative data available on the local investment programs of Primes, and and the impact that their investment has on other local businesses and economies.
▪ In an Australian first study, Thales Australia partnered with AlphaBeta Advisors to take a data-driven approach to quantifying supply chain spending and impact by using anonymised Thales procurement and expenditure data, matched with firm level data from Illion, to analyse Thales’s actual spending and its impact over three years, and in the 2019 year.
– Illion is a credit-check provider that specialises in commercial credit checks. The company collects data on firm financials, characteristics and payment history, providing rich insights into the composition of Australian firms.
▪ This enabled the study to use actual spending and firm-level data to measure:
a. The value of Thales’s spending on local Australian businesses in its supply chains
b. The value and characteristics of this spending by program, location and supplier business size
c. The impact of this spending on local jobs and economies
Executive Summary: Measuring Thales’s supply chains spend and impact
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1. Thales makes a significant investment in Australian businesses, with spending of $1.3b on Australian suppliers from 2017-2019
2. In 2019, Thales had 1,362 Australian suppliers, of which 70% were small or medium businesses
3. Thales’s spending has significant economic impact, supporting 1,765 jobs in Australian suppliers in 2019, and making a strong contribution to local jobs, businesses and communities
4. Thales’s major manufacturing sites in Australia have a significant impact on local economies and jobs
5. Appendix: Methodology
Contents
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Air Traffic Management▪ $59m spent delivering to:
Shared Services & Corporate▪ $154m spent with suppliers
delivering to:
Munitions & Small Arms▪ $350m spent with
suppliers delivering to:
Under Water Systems▪ $76m spent delivering
to:
Protected Vehicles▪ $301m spent with
suppliers delivering to:
Secure Communications & Transport▪ $104m spend with suppliers delivering
to:
Melbourne6
Bendigo
MelbourneMulwala/Benalla
Garden Island
Eagle Farm
Darwin
Lithgow & Orchard Hills
Rydalmere
Sydney Olympic Park
Canberra
Newcastle
West Leaderville &Rockingham
Thales is one of Australia’s largest manufacturers of Defence capabilities in Australia, with 12 major sites located around the country
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
1. OVERVIEW OF THALES’S AUSTRALIAN SPENDING ON SUPPLIERS
Between 2017 and 2019 Thales spent $1.3bn with Australian suppliers to deliver projects across 12 majorThales sites in Australia
Garden Island
Darwin
Newcastle
1
2
3
Bendigo
Eagle Farm
Melbourne
4
5
6
Sydney Olympic Park and nationally12
Maritime Service & Support▪ $272m spent with
suppliers delivering to:
Mulwala/Benalla
Lithgow & OrchardHills
Rydalmere8
West Leederville & Rockingham
9
10
11
Canberra7
Rydalmere8
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In 2017-2019 Thales spent $1.3b with Australian suppliers, with Maritime Service & Support, Protected Vehicles and Munitions & Small Arms accounting for 62%
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
$272m
$350m
$59m
Under Water Systems
$301m
$104m
$154m
Protected vehicles
$76m
2017-2019
Munitions & Small Arms
Maritime Service & Support
Shared Services & Corporate
Secure Communications &Transport
Air Traffic Management
$1,315m
Thales’s spending with Australian suppliers by program by year
$m, calendar year
Thales’s spending with Australian suppliers by program
$m, 2017-19
10%
33%
21%
18%
2019
11%
6%6%
2017
28%
20%
22%
12%
7%7%
22%
6%
2018
27%
22%
12%
5%
6%
$342m
$452m
$522m
1. OVERVIEW OF THALES’S AUSTRALIAN SPENDING ON SUPPLIERS
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Between 2017-2019, Thales contracted an average of 1,313 Australian suppliers per year, including 1,616 different suppliers over this period
Thales’s Australian suppliers by program
# of suppliers, 2017-2019 average per annum
• Providers can supply for multiple projects, hence total number of providers by project is greater than total number of providers used across all programs.
• There has been substantial commonality in suppliers over the last two years. However, the total number of suppliers engaged is still significantly higher than the number engaged in a given year – hence the average number of suppliers used over 2017-19 is lower than the total number of suppliers used in that period.
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
Thales’s Australian suppliers by program
# of suppliers, 2017-2019 count of unique providers
1,616
712
358
312
212
170
153
40
All programs
Munitions & Small Arms
Secure Communications & Transport
Protected vehicles
Maritime Service & Support
Shared Services & Corporate
Under Water Systems
Air Traffic Management
1,313
614
275
270
148
135
121
28
Under Water Systems
Maritime Service & Support
All programs
Munitions & Small Arms
Protected vehicles
Shared Services & Corporate
Secure Communications & Transport
Air Traffic Management
1. OVERVIEW OF THALES’S AUSTRALIAN SPENDING ON SUPPLIERS
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1. Thales makes a significant investment in Australian businesses, with spending of $1.3b on Australian suppliers from 2017-2019
2. In 2019, Thales had 1,362 Australian suppliers, of which 70% were small or medium businesses
3. Thales’s spending has significant economic impact, supporting 1,765 jobs in Australian suppliers in 2019, and making a strong contribution to local jobs, businesses and communities
4. Thales’s major manufacturing sites in Australia have a significant impact on local economies and jobs
5. Appendix: Methodology
Contents
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Payments to Thales’s Australian suppliers were $522m across 1,362 suppliers in 2019, with Munitions & Small Arms having the highest supplier engagement
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
Thales’s Australian suppliers by program
# of suppliers, calendar year 2019
• Providers can supply for multiple projects, hence total number of providers by project is greater than total number of providers used across all programs.
• Payment per supplier varies by program. The Munitions & Small Arms program averages c. $180K per supplier. Payment per supplier is notably higher for Air Traffic Management, Protected Vehicles, Shared Services & Corporate and Maritime Service & Support, and Secure Communications & Transport.
Spend (2019)
2. PROFILE OF THALES’S AUSTRALIAN SUPPLIER SPEND & IMPACT IN 2019
1,362
624
294
266
172
149
122
29Air Traffic Management
All programs
Munitions & Small Arms
Shared Services & Corporate
Protected vehicles
Maritime Service & Support
Under Water Systems
Secure Communications & Transport
$522m
$113m
$60m
$140m
$113m
$37m
$27m
$32m
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SMEs accounted for 70% of the 1,362 Australian suppliers Thales procured from in 2019, winning 61% of Thales’s Australian procurement spending
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
44(8%)
410(30%)
649(48%)
303(22%)
Number of firms % of spend
270(52%)
Large businesses
207(40%)
Small businesses
Medium businesses
1,362 522
• Large businesses includes businesses with more than 200 employees• Medium businesses includes businesses with 20-200 employees• Small businesses includes businesses with less than 20 employees
314(61%)952
(70%)
Thales’s Australian suppliers and spend by business size
Number (%) of suppliers (LHS) and $m (%) spend (RHS), calendar year 2019
2. PROFILE OF THALES’S AUSTRALIAN SUPPLIER SPEND & IMPACT IN 2019
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While Thales’s supplier base is national, 89% of suppliers are in NSW, Victoria and Queensland as this is where production is located
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
7 Suppliers providing$5m goods & services57% SMEs
555 Suppliers providing$173m goods & services66% SMEs
6 Suppliers providing$2m goods & services67% SMEs
587 Suppliers providing$240m goods & services70% SMEs
86 Suppliers providing$36m goods & services84% SMEs
43 Suppliers providing$26m goods & services86% SMEs
54 Suppliers providing $18m goods & services69% SMEs
NSW
TAS
VIC
ACT
QLD
NT
Melbourne
Bendigo Sydney Olympic Park
Mulwala/Benalla
Garden Island
Eagle Farm
Darwin
Lithgow & Orchard HillsWest Leederville &Rockingham Rydalmere
Canberra
Newcastle
Thales’s suppliers by state
#, $m, %SMEs, calendar year 2019,
1%
<1%40%
43%
3%
6%3%
40 Suppliers providing$21m goods & services
78% SMEs SA
Suppliers can operate in multiple states, such that count of suppliers by state is greater than the count of all suppliers
2. PROFILE OF THALES’S AUSTRALIAN SUPPLIER SPEND & IMPACT IN 2019
X - State share of national suppliers
4%
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Australian SMEs are most competitive in basic manufacturing industries as well as some services
Note: Excludes all industries with less than $6m in spendingSOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
Thales tends to contract SMEs to supply basic manufactured goods. SMEs provide over 50% of goods in 4 out of 5 key manufacturing industries. Other areas where SMEs have a dominant share include repair and maintenance, rental and hiring services, finance and construction (engineering and other)
Thales is more likely to contract larger firms to deliver a wide range of services.
ServicesManufacturing SME share Large share
100
100
100
100
100
100
92
77
70
67
63
61
56
51
29
19
10
6
8.2
Computer System Design and Related Services
Building Construction
Professional, Scientific and Technical Services
Administrative Services
Repair and Maintenance
Heavy and Civil Engineering Construction
Fabricated Metal Product Manufacturing
Polymer Product and Rubber Product Manufacturing
Rental and Hiring Services (except Real Estate)
Road Transport
Finance
11.0
Machinery and Equipment Wholesaling
Construction Services
Basic Material Wholesaling
Machinery and Equipment Manufacturing
21.3
Transport Equipment Manufacturing
13.3
Transport Support Services
Other Store-Based Retailing
Public Order, Safety and Regulatory Services
Textile, Leather, Clothing and Footwear Manufacturing
41.8
18.3
13.8
7.9
7.0
39.7
16.9
105.5
55.2
7.1
18.9
7.6
26.1
13.4
13.1
24.0
Thales’s spending by industry
% share for SME and Large suppliers, calendar year 2019$m spend p.a.
2. PROFILE OF THALES’S AUSTRALIAN SUPPLIER SPEND & IMPACT IN 2019
6
2
% share spent with SMEs
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Australian SMEs are competitive in larger spending industries, winning 5 of the 10 top industries Thales procures from
Note: Excludes all industries with less than $6m in spendSOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
% share spent with SMEs
20.2
10.6
8.0
7.6
5.0
4.6
4.1
3.6
3.5
3.2
2.6
2.6
2.6
2.5
2.1
1.6
1.5
1.4
1.4
• SMEs win a greater share of spending by value in 14 of the 20 major industries in 2019
• SMEs had a greater share of spending in 7 of the top 10 highest value industries by spend.
$m spent with SME and Large suppliers, calendar year 2019
Thales’s spending by industry
% Share of Thales’s total spend p.a.
SME share Large share
Heavy and Civil Engineering Construction
Finance
Professional, Scientific and Technical Services
61
11.0
100
39.7
77
100
51
Machinery and Equipment Wholesaling
7.6
Fabricated Metal Product Manufacturing
Machinery and Equipment Manufacturing
29Transport Support Services
100
Computer System Design and Related Services
13.8
Public Order, Safety and Regulatory Services
Construction Services 67
100
56
92
Repair and Maintenance
21.3
Administrative Services
Textile, Leather, Clothing and Footwear Manufacturing
Other Store-Based Retailing
Transport Equipment Manufacturing
Polymer Product and Rubber Product Manufacturing
100Road Transport
Rental and Hiring Services (except Real Estate)
Basic Material Wholesaling
Building Construction
105.5
55.2
41.8
26.1
24.0
18.9
18.3
8.2
16.9
13.4
13.3
7.1
13.1
7.9
7.0 1.3
2. PROFILE OF THALES’S AUSTRALIAN SUPPLIER SPEND & IMPACT IN 2019
2
10
19
63
70
100
6
6
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1. Thales makes a significant investment in Australian businesses, with spending of $1.3b on Australian suppliers from 2017-2019
2. In 2019, Thales had 1,362 Australian suppliers, of which 70% were small or medium businesses
3. Thales’s spending has significant economic impact, supporting 1,765 jobs in Australian suppliers in 2019, and making a strong contribution to local jobs, businesses and communities
4. Thales’s major manufacturing sites in Australia have a significant impact on local economies and jobs
5. Appendix: Methodology
Contents
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Thales’s Australian supplier spend supported 1,765 jobs in 2019, including 872 with Australian SMEs
1,765
414
380
355
290
197
72
56
Protected vehicles
All programs
Munitions & Small Arms
Under Water Systems
Shared Services & Corporate
Air Traffic Management
Secure Communications & Transport
Maritime Service & Support
Thales’s jobs supported by program
# of jobs supported, calendar year 2019
893(50%)
Jobs supported
169(10%)
703(40%)
Small businesses
Large businesses
Medium businesses
1,765
Thales’s jobs supported in SME/Non-SME suppliers
% of jobs supported, calendar year 2019
• Large businesses includes businesses with more than 200 employees• Medium businesses includes businesses with 20-200 employees• Small businesses includes businesses with less than 20 employees
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
872(50%)
3. ECONOMIC IMPACT OF THALES’S AUSTRALIAN SUPPLIER SPENDING
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While Thales’s jobs impact is national, 88% of supplier jobs are in NSW, Victoria and Queensland as this is where production is located
0 Thales employees12 jobs through suppliers97% with SMEs
1,470 Thales employees525 jobs through suppliers57% with SMEs
139 Thales employees6 jobs through suppliers50% with SMEs
1,700 Thales employees925 jobs through suppliers34% with SMEs
TAS
VIC
ACT
<1%
Thales’s jobs supported by state
#, $m, %SMEs, calendar year 2019,
180 Thales employees103 jobs through suppliers71% with SMEs
133 Thales employees85 jobs through suppliers86% with SMEs
150 Thales employees56 jobs through suppliers87% with SMEs
NSW
QLD
NT
WA
Note: Excludes non-attributable Thales employees SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
Melbourne
Bendigo
Mulwala/Benalla
Lithgow & Orchard Hills
Eagle Farm
West Leaderville &Rockingham
Garden Island
Darwin
Rydalmere
Sydney Olympic Park
Canberra
Newcastle
SA
<1%
52%
30%
3%
6%5%
3. ECONOMIC IMPACT OF THALES’S AUSTRALIAN SUPPLIER SPENDING
0 Thales employees53 jobs through suppliers92% with SMEs
X - State share of national jobs with suppliers
5%
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Thales sites have significant local economic impact: majority of suppliers, spending and jobs supported occur in the same state as manufacturing
35%45%
38%
65%55%
62%In state
JobsSuppliers
522
Spending
Out of state
1,7651,362
Thales’s suppliers
#, calendar year 2019
Thales’s spending with suppliers
$m, calendar year 2019
Thales’s jobs supported
#, calendar year 2019
Note: for the Mulwala/Benalla sites, all spending from VIC/NSW is classified as in-stateSOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
12% of suppliers are based in close proximity to Thales sites. These highly localised suppliers account for 10% of spend and 7% of jobs supported by Thales
3. ECONOMIC IMPACT OF THALES’S AUSTRALIAN SUPPLIER SPENDING
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1. Thales makes a significant investment in Australian businesses, with spending of $1.3b on Australian suppliers from 2017-2019
2. In 2019, Thales had 1,362 Australian suppliers, of which 70% were small or medium businesses
3. Thales’s spending has significant economic impact, supporting 1,765 jobs in Australian suppliers in 2019, and making a strong contribution to local jobs, businesses and communities
4. Thales’s major manufacturing sites in Australia have a significant impact on local economies and jobs
5. Appendix: Methodology
Contents
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In 2019 Thales’s Garden Island site was used to conduct maintenance for key navy assets
The site contracted 223 suppliers in Australia to deliver $97m in goods and services as summarised below:
258 other jobs supported in Australia, 37% of which are in New South Wales
4. MAJOR SITE CASE STUDIES: GARDEN ISLAND
The Garden Island site in NSW is used to repair and maintain navy assets
223 Australian suppliers contracted168 (75%) of which are SMEs
Jobs
All suppliers
463 employed directly by Thales
$97m spending with Australian suppliers$78m (80%) of which spent with SMEs
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
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In 2019 Thales’s Bendigo site produced:- Hawkei Protected Mobility Vehicles (PMVs)- Bushmaster PMVsThe site contracted 206 suppliers in Australia to deliver $97 m in goods and services as summarised below:
The Bendigo site is used to manufacture Hawkei and Bushmaster Protected Mobility Vehicles (PMVs)
4. MAJOR SITE CASE STUDIES: BENDIGO
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
206 Australian suppliers contracted158 (77%) of which are SMEs
Jobs
All suppliers
323 employed directly by Thales
$97m spending with Australian suppliers$57m (59%) of which spent with SMEs
271 other jobs supported in Australia, 87% of which are in Victoria
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In 2019 Thales’s Lithgow small arms factory produced:- Small arms manufacture and maintenanceThe site contracted 122 suppliers in Australia to deliver $30m in goods and services as summarised below:
122 Australian suppliers contracted79 (65%) of which are SMEs
Jobs
All suppliers
150 employed directly by Thales
$30m spending with Australian suppliers$16m (52%) of which spent with SMEs
156 other jobs supported in Australia, 68% of which are in New South Wales
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
The Lithgow site is used to produce Small Arms
4. MAJOR SITE CASE STUDIES: LITHGOW
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In 2019 Thales’s Rydalmere site produced products that include:- Design, manufacture and export of submarine sonar systems, anti-
submarine warfare systems, mine countermeasures, secure communications, training and simulation, ground transportation.
The site contracted 231 suppliers in Australia to deliver $65m in goods and services as summarised below:
231 Australian suppliers contracted176 (76%) of which are SMEs
Jobs
All suppliers
566 employed directly by Thales
$65m spending with Australian suppliers$40m (61%) of which spent with SMEs
410 other jobs supported in Australia, 89% of which are in New South Wales
The Rydalmere site in western Sydney delivers sovereign industrial capability in sonar systems and mine countermeasures
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
4. MAJOR SITE CASE STUDIES: RYDALMERE
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The Mulwala and Benalla produce munitions and ordnance for the Australian Defence Force
In 2019, the Mulwala and Benalla sites that Thales operates produced:- World leading small arms ammunition and propellant for the ADF and
key export marketsThe site contracted 456 suppliers in Australia to deliver $71m in goods and services as summarised below:
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
4. MAJOR SITE CASE STUDIES: MULWALA / BENALLA
456 Australian suppliers contracted248 (55%) of which are SMEs
Jobs
All suppliers
649 employed directly by Thales
$71m spending with Australian suppliers$39m (55%) of which spent with SMEs
228 other jobs supported in Australia, 97% of which are in NSW or Victoria
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The Eagle Farm site is used to provide support for Protected Vehicles
In 2019 Thales’s Eagle Farm site produced:- Support for Protected VehiclesThe site contracted 173 suppliers in Australia to deliver $27m in goods and services as summarised below:
SOURCE: ABS , Illion, Thales procurement and expenditure data, AlphaBeta analysis
4. MAJOR SITE CASE STUDIES: EAGLE FARM
173 Australian suppliers contracted138 (80%) of which are SMEs
Jobs
All suppliers
139 employed directly by Thales
$27m spending with Australian suppliers$13m (47%) of which spent with SMEs
61 other jobs supported in Australia, 14% of which are in Queensland
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1. Thales makes a significant investment in Australian businesses, with spending of $1.3b on Australian suppliers from 2017-2019
2. In 2019, Thales had 1,362 Australian suppliers, of which 70% were small or medium businesses
3. Thales’s spending has significant economic impact, supporting 1,765 jobs in Australian suppliers in 2019, and making a strong contribution to local jobs, businesses and communities
4. Thales’s major manufacturing sites in Australia have a significant impact on local economies and jobs
5. Appendix: Methodology
Contents
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Data sources used include ABS, Illion and Thales procurement and expenditure data; missing data was imputed by combining data from multiple sources
Appendix - Methodology
Spend Primary source
Spend
Industry
Thales
Illion
Supplier employee numbers
Illion/ABS
Business size Imputed
Imputed observations
- All supplier figures are based on Thales procurements and expenditure data, no imputed observations
- Where ANZSIC codes were missing, ANZSIC was assigned to firms’ based on a concordance of Thales’s purchase categories and ANZSICs
Where Illion data was missing employee numbers, employee numbers were imputed using ABS industry employee/revenue ratios for the firm’s industry subdivision (concorded from ANZSIC)
Business size based on either actual or imputed employee numbers:-Large: >200 employees-Medium: 20-200 employees-Small: <20 employees
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We estimated the direct employment impacts from Thales’s procurement spending on each supplier
Appendix - Methodology
Calculated as:
# 𝐽𝑜𝑏𝑠 𝑠𝑢𝑝𝑝𝑜𝑟𝑡𝑒𝑑 𝑝𝑒𝑟 𝑠𝑢𝑝𝑝𝑙𝑖𝑒𝑟 =$𝑠𝑝𝑒𝑛𝑑 𝑏𝑦 𝑇ℎ𝑎𝑙𝑒𝑠
𝑆𝑢𝑝𝑝𝑙𝑖𝑒𝑟 $ 𝑟𝑒𝑣𝑒𝑛𝑢𝑒 𝑝𝑒𝑟 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒
1. Where all supplier data except ANZSIC is missing, ABS industry employment revenue ratios are used
2. Where ANZSIC data is missing, the average revenue per employee ratio for known Thales suppliers is used
Jobs supported- These are jobs with
Thales’s direct suppliers
Sources of jobs supported Sources of jobs by supplier
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