Thales Australia is strengthening its position in the Australian ordnance market through a newly announced strategic teaming with U.S.-based General Dynamics Ordnance and Tactical Systems (GD-OTS). Thales and GD-OTS have been cooperating in the Australian market for years, and the new 10 year agreement is expected to formalize and strengthen this cooperation, including offering the Australian company potential export opportunities. The agreement also covers the transfer of technology transfer from GD to Thales in Australia, gaining better focus and access to existing munitions contracts in Australia. According to Chris Jenkins, Thales Australia’s CEO, the teaming agreement will reinforce Thales’ product modernizing, addressing Australia’s Strategic Reform Program.
Home Regional News Asia Pacific Thales Australia, GD-OTS Announce Long-Term Munition Cooperation Agreement
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Defense-Update Weekly News Summary
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Some of this week's highlights include:
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