ASX listed XTEK Hydroclave Technology has concluded successful negotiations with the United States Army for the potential use of its patented Hydroclave technology.
A leading provider of products and services Australian Homeland Security Market, XTEK said it was able outline the significant advantages its Hydroclave process provides when compared to traditional manufacturing capabilities during discussions with the U.S. Army.
The company’s main area of business is delivering protection and sustaining solutions for defence forces, state and federal law enforcement agencies, corrections and customs services and government clients.
The announcement follows Quickstep’s first shipment of F-35 Lightning II part to Northrop Grumman Corporation in the Unites States ahead of schedule.
The part, called the Destruct Test Article (DTA), represents the first piece to be manufactured in Quickstep’s Australian factory for Lockheed Martin’s F-35 Joint Strike Fighter (JSF) defence aircrafts.
The shipment is part of a long-term contract to manufacture $700 million worth of parts for the international JSF program over the next 20 years.
Recently, defence and security equipment manufacturer Thales receive funding under a $8m federal government upgrade program to manufacturer a new version of the F88 Austeyr rifle.
The upgraded F88 Austeyr, which will be manufactured at the company’s NSW Lithgow Arms Factory, will be a lighter weight and better balanced rifle.
The F88 Austeyr rifle is being used by Australian troops in Afghanistan.
Image: US Army