Blockchain Registration Transaction Record
CiTech Acquires WA Precision Manufacturer to Boost Defense Capabilities
Critical Infrastructure Technologies acquires Western Australian precision manufacturer for $7.7M, boosting sovereign defense capabilities and securing DISP accreditation for defense contracts.
This acquisition represents a significant strengthening of Australia's sovereign defense manufacturing capabilities at a time when geopolitical tensions and supply chain vulnerabilities have highlighted the critical importance of domestic production capacity for national security. By bringing precision manufacturing in-house, CiTech can accelerate delivery of its Nexus 20 communication systems and future defense technologies while reducing dependence on international supply chains. For defense stakeholders and allied nations, this means faster deployment of secure communications infrastructure and enhanced resilience in critical sectors. The immediate DISP accreditation provides CiTech with direct access to defense contracts, positioning the company as a key player in Australia's growing defense industrial base and contributing to regional security partnerships.
Blockchain | Details |
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Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
Transaction ID | 0x94c523b3637db19b6459523c2a4696e2e437715a32741cdceb0b8758cd59de18 |
Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
Chain | polygon-main |
NewsRamp Digital Fingerprint | divec7Z9-fa2e12bc78b38372578a2c91709a70d3 |