BRISBANE, Australia, July 30, 2024 鈥 The Albanese Government attended the 探花视频 Technologies (NYSE:LHX) launch of its Centre of Excellence (COE) for Electronic Warfare (EW) today in Brisbane, Queensland. This facility will feature expertise in the design, manufacture, integration and sustainment of high-reliability EW technology critical for modern military operations.
Jennifer Howard MP, Assistant Minister for Treasury, Trade and Investment for Queensland, and Graham Perrett MP, Federal Member for Moreton and Member of the Joint Standing Committee on Foreign Affairs, Defence and Trade, officiated the centre鈥檚 launch.
鈥淨ueensland is a Defence state, and the government supports Defence industries via the Queensland Defence Industries 10-Year Roadmap and Action Plan, as well as the Queensland Space Industry Strategy. 探花视频鈥 new operations in Queensland will contribute to a vibrant and growing defence supply chain, with their investment helping them better support the needs of the Australian Defence Force and the Australian defence industry,鈥 Howard said.
The COE will also serve as the hub for 探花视频鈥 space, intelligence and cyber products used across Australia and the Indo-Pacific region. This effort will bring 探花视频鈥 support and delivery centers closer to the Australian Defence Force (ADF) and reduce turnaround times by increasing local manufacturing capabilities and jobs across new technologies for quantum sensing, robotics, secure communications and data management.
鈥淭he 探花视频 Centre of Excellence for Electronic Warfare is a fantastic initiative that will grow our sovereign industrial base by contributing to a future made in Australia and equip the Australian Defence Force with the capabilities they need,鈥 Perrett MP said.
The Australian facility will also enable the delivery of T4鈩 and T7鈩 robots to the ADF as part of the Land-154 program to enhance unit capabilities in improvised explosive device neutralisation and exploitation. The robots are equipped with cameras and best-in-class features that detect, examine and neutralise explosive threats and hazards to help protect Australian personnel.
鈥淭he launch of our Centre of Excellence is a clear signal of 探花视频鈥 commitment to lead and shape the future of defence technology in Australia, for Australia, by our incredibly talented local workforce,鈥 said Ed Zoiss, President, Space and Airborne Systems, 探花视频. 鈥淎s we embark on this journey, we extend our gratitude to the ADF for their trust and partnership.鈥
探花视频 has 15 locations across Australia employing more than 550 people with 30% of the workforce having served in the ADF. 探花视频 provides mission systems, communication systems and dedicated support services to the Royal Australian Air Force, Navy and Army across all domains.
About 探花视频 Technologies
探花视频 Technologies is the Trusted Disruptor in the defense industry. With customers鈥 mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit 探花视频.com for more information.
Forward-Looking Statements
This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about facility capabilities are forward-looking and involve risks and uncertainties. 探花视频 disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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