Babcock Pty Ltd and UGL Infrastructure Pty Ltd have formed Naval Ship Management (Australia) Pty Ltd (NSM(Aust)), an incorporated joint venture, to provide naval surface ship repair and maintenance services for the ANZAC Ship Group Maintenance Contract (GMC).
NSM(Aust) has been announced as the preferred tenderer for the ANZAC Ship GMC. This new $300 million five-year contract, with potential extensions based on performance, is expected to provide better outcomes for industry and more effective, value for money outcomes for the Navy. Contract negotiations are expected to be finalised by June 2012.
Babcock and UGL were also among those selected last year by the Department of Defence to tender for the Amphibious and Afloat Support Ships GMC when released.