RELEASE: Plasan will found a company in Australia

(Information sent by the signatory company).

RELEASE: Plasan will found a company in Australia

(Information sent by the signatory company)

KIBBUTZ SASA, Israel, March 13, 2023 /PRNewswire/ -- Plasan Sasa Ltd. ("Plasan") today announced its intention to increase its commitment to the Australian defense industry and will found a local subsidiary in Australia to be called "Plasan -Australia" and which will aim to best support its local partners and the projects in which Plasan participates in Australia, support the company's AIC commitments and enhance technology transfer efforts.

Dani Ziv, Chairman: "Long-term experience and substantial knowledge of Australia's strategic defense needs for the next decade, as well as the importance to Australia of acquiring essential and critical technologies and capabilities, have led us to the decision to expand our presence in Australia, as well as move our supply chain into Australian industry to the greatest extent possible. The founding of Plasan-Australia will consolidate this presence."

Plasan has a successful history in Australia, the most significant achievement to date being the Hawkei programme. Early collaboration with Thales Australia, begun in 2009, led to a partnership for Phase 4 of the LAND121 which led to the creation and triumph of the Hawkei, whose cabin was designed, tested and produced by Plasan. Currently, Plasan's cooperation with BAE Australia is leading to embarking on the Hunter Class frigate, a project launched in February that incorporates Australian-sourced armored steel manufactured by Bisalloy into Plasan's survivability solutions. .

Plasan's cooperation with HDA (Hanwha Defense Australia) over the past four years has proven to be an exceptionally productive journey that materialized with the birth of the Huntsman (the AS9 SPH and AS10 AARV under Land 8116) and the Redback IFV of latest generation, which has been developed for the LAND400 Phase 3 program for which an award announcement is expected shortly.

Plasan's core competencies in vehicle and systems protection and modernization technologies are capabilities highlighted by the Australian Ministry of Defense as critical industrial capabilities. The establishment of Plasan-Australia to support Land400 Phase 3 will ensure that the supply chain to provide these technologies and supporting them for decades to come will be brought and kept in Australia.

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For more information, contact: Meirav Ofir,

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