The Sovereign Missile Alliance (SMA), a joint venture between Electro Optic Systems (EOS) and Nova Systems, has been down selected as an enterprise partner in the $1 billion Sovereign Guided Weapons Enterprise.
The SMA will support the Department of Defence to mobilise Australia’s industrial base to enable the Sovereign Guided Weapons and Explosive Ordnance (GWEO) Enterprise
“The expertise the SMA brings to the GWEO Enterprise will lead to greater self-reliance for a range of hi-tech guided weapons,” said Jim McDowell, CEO, Nova Systems.
“The Enterprise will bring operational sovereignty to Australia, which in the case of guided weapons, is about removing the risks of losing access to, or control over these essential weapon systems.”
"SMA expects to contribute its experience in optimising ordnance readiness to enhance available missile inventory, as well as contribute to the progressive alignment and evolution of GWEO technology with sovereign requirements going forward”, said Ben Greene, Group CEO, EOS.
SMA involves a collective workforce of 1,000 local employees, an annual revenue of more than $500 million, and $40 million in research and development to deliver world-leading innovation.
GWEO is an important part of the Government’s $270 billion, 10-year investment in Defence and Australia’s defence industry.