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Australian maritime manufacturer VEEM has secured a $65 million six-year contract to continue manufacturing and supplying critical components for the Australian Defence Force’s Collins Class submarines.
Under the contract, VEEM is supplying ball valves and actuators, manufacturing and supplying bodies and connectors for ball valves, and manufacturing a range of other non-ferrous castings for ASC such as strainer housings, mufflers and main ballast tank valves.
“The six Collins Class submarines are among the most complex and sophisticated defence platforms in operation today and demand precision and reliability,” ASC managing director and chief executive officer Stuart Whiley said.
“VEEM has been a key partner to ASC since 1992, supporting our mission to deliver a safe, high-performance and potent capability to the Royal Australian Navy.
“More broadly, ASC is proud to work with Australian businesses, supporting jobs and building a sovereign industrial capability that is critical to the ongoing and future defence of our nation. We look forward to strengthening our partnership with VEEM over the years ahead.”
Based in Western Australia, VEEM has supplied these components since 1992. VEEM is also a licensed manufacturer and service agent of defence 55 and 44 series valves for Flowserve Flow Control (UK) Ltd, the original equipment manufacturer of the ball valves.
“It is important to recognise the enormous amount of effort that the employees of ASC and VEEM contribute every day in negotiating and executing such a critical and complex in-country manufacturing and service program,” VEEM managing director Mark Miocevich said.
“It is this type of successful collaboration that will underpin the success of the upcoming AUKUS program.”
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