A local South Australian submarine supplier will receive a $33 million revenue boost through a first-of-its-kind contract with
Collins Class submarine builder and maintainer ASC Pty Ltd.
With a projected saving in excess of $1.25 million to the Commonwealth Government, the unique multi-year agreement with
Weir, Strachan & Henshaw Australia (WS&H) will significantly reduce the risk associated with maintaining some of the submarines’ most highly technical systems.
ASC Managing Director
Greg Tunny said the agreement had an additional benefit of migrating valuable engineering knowledge from WS&H United Kingdom to Australia.
“ASC is fundamentally committed to increasing Australia’s self reliance in the design, build and maintenance of submarines,” he said.
“This long-term contract will ensure that dedicated personnel are on hand to support some of the submarines’ most important systems, while giving WS&H the confidence to further invest in their South Australian operations.”
WS&H are the first supplier ASC has contracted for a multi-year agreement under the Collins Class Submarine
Through-Life Support (TLS) Contract. TLS was established to provide maintenance support and enhance the capability of the Class.
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ASC PTY LTD / WEIR, STRACHAN & HENSHAW AGREEMENT (WS&H):
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Five year contract with a value of around $33 million.
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WS&H is the designer and manufacturer of the Collins Class submarines’ Weapons Discharge System and Submerged Signal Ejectors.
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The Commonwealth Government will save in excess of $1.25 million in submarine maintenance costs as a result of this agreement.
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Ensures long term in-country support and a migration of engineering knowledge from the United Kingdom to Australia.
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Significant risk reduction in ongoing submarine maintenance.
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Allows for obsolescence reduction efforts without additional funding. |
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For more information:
Jayne Correll, Communications Manager
ASC Pty Ltd
Telephone: 08 8348 7000
Mobile: 0423 029 307
Email:
Jayne.Correll@asc.com.au
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