Australian management consultancy Coras has inked an agreement with the UK’s Abbott Risk Consulting to support Australia’s acquisition and transition to a nuclear-powered submarine capability.
Following September’s AUKUS announcement, Australian and British firms have begun reaching across the aisle to work together under proposed technology-sharing arrangements between the countries.
Leading Australian management consultancy Coras has confirmed that it has entered into a partnership with UK-based independent risk and management consultancy Abbott Risk Consulting (ARC) to support Australia’s acquisition and transition to a nuclear-powered submarine capability.
The partnership is expected to support the development of a sovereign nuclear-powered submarine capability by leveraging ARC's longstanding expertise in the UK's nuclear-powered submarine industry and Coras' pedigree in defence consulting. The pair hopes that they will be ready to provide critical support to Defence when Australia and the United Kingdom formalise the technology sharing arrangements under the AUKUS partnership.
Currently, ARC’s five offices in the United Kingdom and three offices in Australia provide safety engineering and risk management support to the defence, nuclear, oil and gas, transportation and renewable energy industries.
ARC has also worked with the United Kingdom’s Ministry of Defence project teams as well as the prime contractors involved with the country’s Naval Nuclear Propulsion Programme (NNPP), including collaborating on the development and maintenance of nuclear safety justification for UK naval bases.
This knowledge is expected to be integrated with Coras’ existing operational understanding of the Australian defence market, having worked across all domains.
This is not the first naval program upon which the companies have collaborated.
The two companies have already partnered on the Royal Australian Navy's Fleet Command across the design, development and implementation of governance, risk and compliance systems for the Defence Seaworthiness Management System.
Phil Cutts, managing director of Coras, explained that the two companies look forward to integrating their wide-ranging expertise in the field to support Australia’s nuclear-powered submarine program.
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“This partnership is a classic case of one plus one, equals three. Taking into account the scale and significance of nuclear-powered submarine projects, understanding and managing risk and meeting compliance requirements in a highly regulated environment is absolutely paramount. With their vast experience in safety and risk, their global reputation for excellence and the trusted relationship between our two companies, ARC is the very best firm to partner with,” Cutts said.
John Abbott, founder of ARC, welcomed the opportunity to partner with Coras to tackle these challenges.
“We couldn’t be more excited about furthering our partnership with Coras. The Coras team is highly respected, and they are our preferred partner in the Australian Defence industry,” Abbott said.
According to a release from the companies, the partnership is effective immediately.