Queensland-based Craig International Ballistics has signed a joint venture agreement with the United Kingdom’s Cooneen Protection Limited, paving the way to export success.
The joint venture, Cooneen Craig Limited, is the result of strong collaboration between the two companies, which are cooperating in tender opportunities in New Zealand, France, Singapore, Belgium and the United Kingdom.
Cooneen Craig Limited intend to manufacture and sell composite ballistic protection to Europe and the Middle East.
The agreement was signed at the Eurosatory defence and security international exhibition in Paris, and was witnessed by Minister for Defence Industry Christopher Pyne.
“This joint venture is a great example of the huge opportunities on offer for Australian businesses in the defence sector, and the strong and growing links that exist between the Australian and United Kingdom defence industries,” Minister Pyne said.
“With companies like Craig International Ballistics leading the charge for export success, the Australian sovereign defence industrial base we need will be more robust, more resilient and better able to meet Australia’s defence capability needs.”
Craig International Ballistics supplies soft armour inserts and hard ballistic plates to Defence and local police forces.