Wollongong manufacturer Bisalloy Steels has won a contract to work on the add-on armour range for armoured fighting vehicles being built by Rafael Advanced Defense Systems.
The deal is evidence that small-to-medium sized companies in regional Australia can successfully compete and win global supply chain contracts with big defence companies, according to Defence Industry minister Christopher Pyne.
“I am delighted Wollongong-based Bisalloy Steels will provide the armour range for armoured fighting vehicles which will be used to protect allied soldiers in combat,” Minister Pyne said.
“This contract demonstrates Australian defence industry’s world-class capabilities, creating and securing jobs and opportunity in regional areas as well as urban ones.”
Bisalloy Steels has indicated they will create more than a dozen new jobs to expand their business in the medium term.
The Government’s Defence Export Strategy released in late January provides industry with comprehensive support to identify and realise export opportunities.
The Strategy includes a range of initiatives, including a new Australian Defence Export Office, and an additional $20 million per year from the 2018–19 financial year.