New 40mm Ammunition for Australia
Australian Munitions and Singapore Technologies Kinetics Ltd (ST Kinetics) have signed an agreement to cooperate in Australia and New Zealand for the development, manufacturing and marketing of ST Kinetics’ world-leading 40mm low velocity, extended range, and air bursting ammunition.
The two companies will focus on making new 40mm capabilities available to the Australian Department of Defence and establishing supply from within Australia. They will also look to introduce an innovative supply chain approach which includes reciprocation of supply.
Small Arms Market - Forecast & Analysis (2014-2020)
ST Kinetics designs and manufactures a comprehensive range of 40mm weapons and ammunition, Fire Control Units and ammunition as systems, and has an unrivalled pedigree in this essential battlefield capability. Its innovative 40mm ammunition solutions also include air bursting, camera surveillance and even self-destruct rounds. The company’s 40mm ammunition is currently in service with a number of ABCA (American, British, Canadian, Australian) countries.
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : Thales Group (Paris: HO.PA)