The SMA will support the Department of Defence to mobilise Australia’s industrial base to enable the Sovereign Guided Weapons and Explosive Ordnance (GWEO) Enterprise
“The expertise the SMA brings to the GWEO Enterprise will lead to greater self-reliance for a range of hi-tech guided weapons,” said Jim McDowell, CEO, Nova Systems.
“The Enterprise will bring operational sovereignty to Australia, which in the case of guided weapons, is about removing the risks of losing access to, or control over these essential weapon systems.”
The SMA draws on the strengths of EOS and Nova Systems, two leading sovereign defence companies with an established local supply chain comprising more than 600 Australian businesses across the country.
"SMA expects to contribute its experience in optimising ordnance readiness to enhance available missile inventory, as well as contribute to the progressive alignment and evolution of GWEO technology with sovereign requirements going forward”, said Ben Greene, Group CEO, EOS.
SMA involves a collective workforce of 1,000 local employees, an annual revenue of more than $500 million, and $40 million in research and development to deliver world-leading innovation.
GWEO is an important part of the Government’s $270 billion, 10-year investment in Defence and Australia’s defence industry.
For more information on the Sovereign Missile Alliance click here.