Blockchain Registration Transaction Record

CiTech Acquires WA Precision Manufacturer to Boost Defence Capabilities

CiTech acquires a Western Australian precision manufacturer to enhance sovereign defence manufacturing, gain DISP accreditation, and support AUKUS opportunities. Deal adds $7.4M revenue.

CiTech Acquires WA Precision Manufacturer to Boost Defence Capabilities

This acquisition represents a significant development in Australia's sovereign defence manufacturing landscape. By bringing advanced precision fabrication capabilities in-house, CiTech reduces reliance on foreign supply chains for critical defence and communications components, enhancing national security resilience. For stakeholders in defence, mining, and emergency services, this means faster deployment of autonomous communication systems like the Nexus 20, improved cost efficiency through vertical integration, and access to DISP-accredited manufacturing for classified projects. The move strategically aligns with AUKUS priorities, positioning an Australian company to capture growing defence spending while supporting local industry and skilled jobs in Western Australia.

BlockchainDetails
Contract Address0xeA2912a8DA1CD48401b10cB283585874d98098F4
Transaction ID0x5e40a87c6210f96c901ccc44ac36d2b23969542ff20087613d839536c3e7962c
Account0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20
Chainpolygon-main
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