Media Release: XTEK Secures $10.6 Million Australian Defence Force Support Contract for SUAS


Posted on September 25th, by Bourse Communications in News and Announcements. Comments Off on Media Release: XTEK Secures $10.6 Million Australian Defence Force Support Contract for SUAS

XTEK Limited (ASX: XTE) (“XTEK” or “the Company”) is pleased to announce that it has signed an exclusive contract with the Australian Defence Force (ADF) to provide a range of supply and service support activities for Small Unmanned Aerial Systems (SUAS).

XTEK has been awarded a long-term and exclusive contract (HSD/CON/8054/1) to provide spare parts, repair, maintenance and support services for the ADF’s growing SUAS fleet.

To date AusTender has issued the following Contract Notices under this Contract:

  • Contract Notice No 3626505 – Contract Value $28,213,46
  • Contract Notice No 3628788 – Contract Value $30,551.09
  • Contract Notice No 3623915 – Contract Value $550,000.00
  • Contract Notice No 3629757 – Contract Value $10,072,700.00

Details of the largest commitment ($10.07m) in relation to the above procurements under this contract is available on the AusTender website at https://www.tenders.gov.au/Cn/Show/50d90295-7878-4ebf-96b7-360d5aaf8c7f

Further announcements under this ADF Contract are expected to be made over the next 3-5 years.

For further information please contact:

Philippe Odouard, Managing Director,
XTEK Limited
T: (02) 6163 5507,
E: [email protected]

Rod North, Managing Director,
Bourse Communications Pty Ltd
T: (03) 9510 8309, M: 0408 670 706,
E: [email protected]

About XTEK Limited
XTEK Limited provides high-quality products to deliver tailored solutions to the government, law enforcement, military, space and commercial sectors. XTEK is focused on developing and commercialising its proprietary technologies by leveraging its established distribution network.
These technologies include XTclaveTM advanced composite solutions and XTatlasTM real time contextual video, which provide unique solutions for western military forces and other government agencies. In addition, the supply and maintenance of Small Unmanned Aerial Systems (SUAS) remains a focus for XTEK.
For more information visit the XTEK website at www.xtek.net





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