Saab Australia has announced a $55m investment to expand its national facility near Adelaide.
Additionally, the company has been awarded $22.6m funding from the latest round of the Australian Government’s Modern Manufacturing Initiative. The grant will see the establishment of the nation’s first Sovereign Combat System Collaboration Centre as part of the construction of Saab’s new facility.
Saab Australia Managing Director, Andy Keough, said that Saab’s delivery of 'highly complex and innovative' capability to the Australian Defence Force, as well as its commercial customers, is supported by the continued growth of its people, expertise and experience and is a testament to Saab’s future in Australia.
“After three decades of commitment to Australia, and twenty years after we built our Mawson Lakes headquarters, we are proud and excited to invest further in our continued evolution and the growth of Australian defence and manufacturing," Keough said. "This grant will complement Saab’s investment of AUD$55 million to increase the size of the current Adelaide facility by 80 percent over an 18-month construction timeframe."
Key features of the new facility will include a Combat Systems school, production and prototyping facilities and system integration and test facilities, and all will reportedly be available to facilitate and support the growth of SME product development programs.
Construction is set to start later this year.