27 May 2020:In an important milestone RUAG Australia has recently received the Australian Department of Defence’s Sovereign Industrial Capability Priority (SICP) grant. This grant has not only recognised RUAG Australia as an essential contributor to nation’s defence industry capability, but will also help RUAG to grow its capacity and supply chain resilience in strategic support of Defence and aircraft sustainment.
Commenting on the investment, Terry Miles, General Manager RUAG Australia said, “This investment will reduce our barriers to global competitiveness, provide greater reliability, and provide further assurance that quality requirements are continually met.”
RUAG Australia has big plans with this grant:
- It will enhance their capability for MRO of hydraulic components.
- It will help to improve manufacturing efficiency and cost competitiveness on behalf of their customers.
- Upgrade and expand 5 facilities across Australia.
RUAG plans to capture a larger share of defence global supply chains and this grant is exactly what was needed. “Investment in expansion is crucial to growing our Australian business.” said Stephan Jezler, Senior Vice President Aviation International, RUAG MRO International. “We appreciate the Australian Government’s support in facilitating fast decisions in expansion projects.” he further added.
Besides this, the grant will also come in handy as the company announced recent upgrades to the Hydraulic Centre of Excellence at RUAG’s Bayswater site.