The Australian government has signed a multi-million dollar acquisition and support contract for a Light Weight Automatic Grenade Launcher capability for the Australian Defence Force.
This contract, between Defence and Australian company Nioa Pty Ltd, has an estimated value of $47 million.
In a statement, Defence said that as part of project Land 40 Phase 2, the acquisition of this new Light Weight Automatic Grenade Launcher represented a key step in the modernisation of the ADF’s lethality and capability.
“Nioa Pty Ltd is based in Brisbane and will oversee the delivery and support of the Light Weight Automatic Grenade Launcher to the ADF,” a Defence spokesman said.
“Nioa currently employs approximately 50 staff, and three new jobs will be created [because of this contract], as well as opportunities for other Australian companies to provide ongoing support and maintenance services.
“Under this contract more than 200 Light Weight Automatic Grenade Launcher systems will be delivered to the ADF from the third quarter of 2016 until mid 2017.”