Thales Australia has signed a memorandum of understanding (MoU) with Wedgetail Industries for the design, development and manufacture of the LA106 Longreach .338 Sniper Rifle chassis to support potential export opportunities to India.
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Thales’ relationship with Wedgetail Industries began in 2017 for the design, development and manufacture of small arms for export. The MoU between the companies reinforces their strong partnership as they again join forces to pursue and upcoming export opportunity for the design and manufacture of sniper rifles to the Indian Army.
Graham Evenden, director of Thales Australia’s integrated weapons and sensors business said, "Thales is delighted to consolidate our relationship with Wedgetail Industries through the MoU. This agreement further demonstrates Thales Australia’s commitment to continued engagement and development of Australian SMEs in the strengthening and sustainment of Australia’s sovereign industrial capability in munitions and small arms research, design, development and manufacture."
The MoU between the companies reinforces their strong partnership as they again join forces to pursue an upcoming export opportunity for the design and manufacture of sniper rifles to the Indian Army.
Alexander Knott, Director of Wedgetail Industries said, "The signing of the MOU strengthens the relationship between Wedgetail Industries and Thales. This agreement confirms both parties’ commitment to collaboration, innovation and Australian manufacturing jobs."
Employing around 3,600 people, Thales in Australia recorded revenues of more than $1.2 billion in 2017 and export revenue of over $1.6 billion in the past 10 years.
Thales Australia has a history of patient investment to build advanced in-country capability across manufacturing, critical systems and services. Close collaborative relationships with local customers, Australian SME suppliers and research institutions combined with technology transfer from our global business enables Thales to tailor high quality solutions for Australian and export markets.
The Wedgetail Industries product development team is a diverse line-up of product designers, engineers, machinists, recreational and professional shooters. Its products are designed and made in Australia utilising modern production technologies allowing Wedgetail Industries to be flexible and agile and respond rapidly to market demand.