Two Perth-based businesses win $2.1M defence contract

Local Perth-based firms Advanced Braking Technology and VEEM Ltd will join forces to design and manufacture a specialised braking system for the Army’s Hawkei vehicle.

Defence Industry Minister Melissa Price said the announcement comes after Thales Australia, the manufacturer of the Hawkei, successfully tested Advanced Braking Technology’s brake system in May last year.

“Advanced Braking Technology has been successful with its testing and will now partner with VEEM to manufacture the system with a contract value of around $2.1 million,” Minister Price said.

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“This world-leading technology is an example of the know-how Australian industry can provide for our Army and beyond.”

Minister Price said the contract will help both companies to diversify their customer bases world-wide and demonstrates their ability to meet Defence’s high engineering standards.

“The equipment has been developed from the proven Failsafe brake system, which has been used extensively within the mining sector for many years, both in Australia and globally,” the Minister continued.

“Now our ADF will benefit from this world-leading technology designed right here in Australia. This is a win for both Defence and these Western Australian companies.”

Advanced Braking Technology produces unique sealed braking systems for a wide range of open road and rough road applications. The company is fast developing a reputation as a world leading authority on wet brake technology.

VEEM is a high technology company specialising in marine stabilisation and propulsion. It manufactures sophisticated equipment for the marine, aerospace, defence and oil and gas industries.

Image credit: https://www.thalesgroup.com/
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