Powered by MOMENTUM MEDIA
Home / key enablers / NSW company secures $10m partnership with US firm

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

NSW company secures $10m partnership with US firm

nsw company secures    million partnership with us firm

Hunter-based advanced engineering and manufacturing company, Varley Group has partnered with United States defence avionics company Coherent Technical Services Inc (CTSi).

The announcement was made at Avalon Airshow and will see the international partnership promote collaboration with Australian industry to foster innovation opportunities and support Australian expertise and jobs.

Advertisement
Advertisement

Minister for Defence Industry, Christopher Pyne, welcomed the announcement and said it is a positive sign for the Australian industry.

"Varley Group’s decision to invest in CTSi is a strong signal of confidence in the government’s industry and innovation agenda," Minister Pyne said.

"This partnership investment is a good example of how the government is seeking to strengthen the resilience of Australian industry and the collaboration within our industrial base to develop Defence capability, innovation and skills growth."

The new partnership is expected to provide a pathway to utilise local expertise to contribute to platform enhancements and expansion. 

SPONSORED CONTENT

 

"The Australian government welcomes investment which provides further avenues to grow our defence industry’s export and innovation potential and improve its skills base in support of enhancing capability options available to the Australian Defence Force," Minister Pyne said. 

The announcement comes just days after the NSW government launched its new Defence and industry strategy: Strong, Smart and Connected as reported on Defence Connect.

Speaking to Defence Connect about Varley's new partnership, NSW Minister for Industry Niall Blair said "Varley Group is one of a dozen or so companies participating on the NSW government stands at Avalon where we've seen very pleasing interest in our state's capabilities from both Defence and the defence industry.

"NSW leads the way in manufacturing, logistics, electronics, information and communications technology (ICT), systems integration, cyber security and business services.

"We're leveraging all these strengths at every opportunity to secure more defence work for our state to create more jobs, investment and innovation."

Varley's current manufacturing projects include custom emergency service, health, education and rescue vehicles, defence ambulances and arms storage facilities, industrial and recreational electric vehicles, power plant restorations and rail maintenance works.

In addition, services offered by Varley include custom engineering and production, made-to-specification manufacturing, electrical and mechanical repairs and repeat vehicle, marine and rail appliance maintenance.

CTSi s a small, veteran-owned company focusing on technical solutions and services for the US Department of Defense, NASA and commercial customers. They specialise in high-tech solutions for high-tech programs. These programs include the Navy Unmanned Combat Air System, the Next Generation Jammer program, and several Unmanned System programs such as the NASA Generic Transport Model program.

 

NSW company secures $10m partnership with US firm
Varley-Group-Defence-and-aerospace.jpg
lawyersweekly logo

more from defence connect

Sep 20 2019
Empowering tactical and strategic mobility under an Aussie A2/AD umbrella
While China has dominated the conversation around the introduction of an integrated A2/AD network, a...
Sep 20 2019
East Coast calling as potential for sub basing comes to the surface
As a Two Ocean Navy, there is a growing recognition that Australia’s future submarine fleet will n...
Sep 20 2019
Photo Essay: Exercise Ground Effect
For the past few weeks, the Royal Australian Air Force and the Royal New Zealand Air Force (RNZAF) h...
FROM THE WEB
Recommended by Spike Native Network