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.
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.
| Blockchain | Details |
|---|---|
| Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
| Transaction ID | 0x5e40a87c6210f96c901ccc44ac36d2b23969542ff20087613d839536c3e7962c |
| Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
| Chain | polygon-main |
| NewsRamp Digital Fingerprint | coolM2tg-e2de24f56b944c6aaf3e8bcd778c0a6b |