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Thales and Steyr Mannlicher sign cooperation agreement

25 January 2012 -- Bringing together unique Australian and Austrian expertise, Thales Australia and Steyr Mannlicher have signed an agreement to cooperate on global market opportunities. Steyr Mannlicher is the original designer of the Australian Defence Force’s F88 assault rifle, which was manufactured and subsequently developed further by Thales Australia.

Under the agreement the two companies will refresh their longstanding cooperation in military markets, with Thales Australia taking the formal lead in Australia and New Zealand. This will benefit customers by sharing R&D to drive product improvements, working towards common supply chains where appropriate, and streamlining service delivery.

Chris Jenkins, Thales Australia’s CEO, said: “This agreement represents the continuing evolution of our Soldier Systems business. Steyr Mannlicher has a long history and a global market outlook which, combined with our expertise delivering and upgrading infantry weapons, will allow us to collectively build on our vast knowledge and networks to offer streamlined, cost-effective solutions to customers.”

“Both companies employ world-class weapon designers and experts, and our combined capabilities will make this a compelling team. We have invested significantly in weapon development in Australia, and are eager to offer Australian innovations through Steyr Mannlicher to the rest of the world. The current development of the next generation weapon under the LAND 125 3C program is the most recent example of the innovative work being done at Lithgow.”

Thales Australia and Steyr Mannlicher have been working together since 1986 to deliver assault rifles, and since then have continuously improved weapon performance and enabled the integration of a wide range of third-party accessories. The SA2 currently in service demonstrates the continuing evolution of this capability.

Over the past few years, Thales Australia has built on its traditional expertise in the precision manufacturing of small arms at the Thales-owned Lithgow facility in New South Wales, to offer a wider range of services including engineering, design, procurement, logistics and project management. The company also supports a range of third-party weapons currently in use by the Australian Defence Force.

About Thales
Thales is a global technology leader for the Defence & Security and the Aerospace & Transport markets. In 2010, the company generated revenues of €13.1 billion (equivalent of AUD 18.9 billion) with 68,000 employees in 50 countries. With its 22,500 engineers and researchers, Thales has a unique capability to design, develop and deploy equipment, systems and services that meet the most complex security requirements. Thales has an exceptional international footprint, with operations around the world working with customers as local partners.

Thales Australia is a trusted partner of the Australian Defence Force and is also present in commercial sectors ranging from air traffic management to security systems and services. Employing around 3,300 people in over 35 sites across the country, Thales Australia recorded revenues of around AUD 900 million in 2010.

About Steyr Mannlicher
Originating from a traditional location in Steyr, Austria, which was eponymous for the enterprise, Steyr Mannlicher expanded to an international entrepreneurial group with premises in Austria and the USA. High-quality military & law enforcement-, hunting- and sporting rifles are developed and worldwide marketed by Steyr Mannlicher.

The precision and trend-setting product development of Steyr Mannlicher is always and everywhere in demand. Special Forces in many countries trust the precision and reliability of Steyr Mannlicher rifles. Custom made solutions for the particular user are found by direct contact and prompt co-operation with governmental authorities all over the world.
http://www.mannlicher.at/

Press contacts
Thales Australia

Julian Elliott
+61 (0)2 9562 3716
+61 (0)401 134 415
julian.elliott@thalesgroup.com.au


Steyr Mannlicher
Gundaccar Wurmbrand
+43 (0) 7252 896 0
G.Wurmbrand@steyr-mannlicher.com



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