PRZOOM - /newswire/ -
Sydney, New South Wales, Australia, 2021/08/27 - Ventia wins Project Land 8120 bringing best value manufacturing, engineering, and logistics support capability to the Australian Defence Force - Ventia.com / CIMIC.com.au. ASX: CIM
The following media release is issued today by Ventia; a 50/50 investment partnership between CIMIC (cimic.com.au) and its co-investor.
Ventia has secured a new contract with the Department of Defence, Capability Acquisition and Sustainment Group (CASG), to deliver engineering support platforms for the Australian Defence Force (ADF), under Project Land 8120 Phase 1.
The contract will generate revenue to Ventia of $158 million over five years.
Ventia has brought together a team of equipment partners including JCB/CEA, Manitou, Liebherr Mobile Cranes, Komatsu and ECLIPS, and systems engineering specialist, QinetiQ, to offer the full breadth of services sought by the ADF.
Ventia Group Executive, Defence & Social Infrastructure, Derek Osborn, said that Ventia’s selection was testament to its strong engineering and project delivery capability, and 30-year history as a Defence Industry partner.
“Ventia applies a client-focused, innovative and sustainable approach to essential infrastructure services, and we are excited to bring this to Project Land 8120,” Derek said.
“We are very proud to be taking this next step in our relationship with the Department of Defence. We look forward to working with CASG, and our contract partners, to deliver this essential capability for the ADF.”
Phase 1 involves Ventia leading a team of equipment manufacturers and local engineering specialists, to supply approximately 300 earthmoving and material handling vehicles. Minor modification will occur to meet specialist requirements such as air transportation.
Vehicles will undergo a rigorous verification and validation process to ensure that specific Defence requirements are met. Where required, specialist testing will be undertaken at the Australian Automotive Research Centre proving ground near Anglesea in regional Victoria before introduction into service.
Ventia will also provide vital integrated logistics support, develop operating manuals, maintenance specifications and other technical documentation, and deliver operator training at Defence sites nationally.
Ventia (ventia.com) is a leading essential and infrastructure services provider in Australia and New Zealand, proudly providing the services that keeps infrastructure working for our communities. Ventia has a combined workforce of more than 35,000 people, operating in over 400 locations across Australia and New Zealand. We pride ourselves on being client-focused, innovative, and delivering safe and sustainable services for our corporate and government clients. We operate across a broad range of sectors, including transport, telecommunications, utilities, defence, water, energy, resources, and social infrastructure. Ventia is an independent investment partnership between funds managed by affiliates of Apollo Global Management and the CIMIC Group.