Thales Australia and Winchester Australia have signed a strategic teaming agreement to cooperate on Australian market opportunities.
The companies says their backgrounds and capabilities are complementary, and the partnership will combine their strengths and create numerous avenues for productive collaboration.
“This local partnership reflects the global strengths of two companies with significant international operations and expertise,” they said in a joint statement.
Thales Australia is the name behind ADI powders, while Winchester Australia has a local manufacturing and distribution facility.
It is not the first time the two have joined forces, and they already have “an existing relationship of mutual supply and production collaboration”.
“The two companies will immediately focus on opportunities in both the defence and non-defence markets,” the statement said.
“Beyond this, the agreement enables Thales to develop more cost effective solutions for key products currently supplied to the Department of Defence under existing contracts.”
“Winchester is one of the world’s leading small arms businesses, with an unrivalled pedigree in small arms ammunition stretching back to its founding in the US almost 150 years ago,” Chris Jenkins, CEO of Thales Australia, said. “We firmly believe that our two companies have much to offer our customers by working together.”
“The opportunity to assist Thales develop defence and commercial markets is a very exciting step for us,” Clive Pugh, director and GM of Winchester Australia, said. “There is a strong complementary fit between our operations and we are looking forward to the challenges that lie ahead.”