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Media Releases

ASC continues strong record working with Australian businesses

  • 12/08/2025

ASC is delighted to award Australian maritime manufacturer VEEM a six-year, $65 million contract to continue manufacturing and supplying critical components for Australia’s Collins Class submarines.

VEEM has been supplying ball valves and actuators, manufacturing and supplying bodies and connectors for ball valves, and manufacturing a range of other non-ferrous castings for ASC – including strainer housings, mufflers, and main ballast tank valves – since 1992.

Based in Western Australia, VEEM is the licenced manufacturer and service agent of defence 55 and 44 series valves for Flowserve Flow Control (UK) Ltd, the original equipment manufacturer of the ball valves.

ASC Managing Director and Chief Executive Officer Stuart Whiley welcomed the announcement.

“The six Collins Class submarines are among the most complex and sophisticated defence platforms in operation today, and demand precision and reliability,” Stuart said.

“VEEM has been a key partner to ASC since 1992, supporting our mission to deliver a safe, high-performance and potent capability to the Royal Australian Navy.

“More broadly, ASC is proud to work with Australian businesses, supporting jobs and building a sovereign industrial capability that is critical to the ongoing and future defence of our nation. We look forward to strengthening our partnership with VEEM over the years ahead.”

VEEM Managing Director Mark Miocevich also welcomed the announcement.

“It is important to recognise the enormous amount of effort that the employees of ASC and VEEM contribute every day in negotiating and executing such a critical and complex  in-country manufacturing and service program,” Mark said.

“It is this type of successful collaboration that will underpin the success of the upcoming AUKUS program.”

Editor’s notes:

ASC has proudly served as Australia’s submarine builder and sustainer for more than 35 years. ASC built Australia’s Collins Class submarines and now maintains and upgrades them, while providing in-operation service and support.

In March 2024, ASC was selected as the Australian Government’s Sovereign Submarine Partner to sustain and, together with BAE Systems, jointly build conventionally armed, nuclear-powered submarines at Osborne, known as SSN AUKUS.

At Henderson Shipyard in Western Australia, ASC will deliver sustainment services for Australia’s future Virginia Class and SSN AUKUS submarines.

For more information, please contact:

Damon Hunt, Head of Corporate Communications and Media

[email protected].

 

Image courtesy of VEEM – manufacturing process in Canning Vale, WA

ASC acknowledges the Traditional Owners of the lands and waters on or near our operations in WA and SA. We pay our respects to Elders past, present and emerging, and to all Aboriginal and Torres Strait Islander peoples.

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  • About ASC
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  • What We Do
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    • Nuclear-Powered Submarines
    • Collins Class Submarine Sustainment
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    • Undergraduate Engineer Program (Internship)
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  • What We Do
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    • Nuclear-Powered Submarines
    • Collins Class Submarine Sustainment
    • Collins Life of Type Extension
    • Submariner Training
  • Our Business
    • Our Business
    • Quality
    • Work Health and Safety
    • Environment
    • Digital Transformation Program
  • Supply Chain
    • Supply Chain
    • Sovereign Supply Chain Hub
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    • Our People
    • Working with us
    • Culture and Values
    • Diversity and Inclusion
  • Careers
    • Careers at ASC
    • Current Opportunities
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    • Graduate Engineer Program
    • Undergraduate Engineer Program (Internship)
    • Corporate Graduate Program
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