ANCA’s surprise move into defence

Australian machine tool manufacturer ANCA Group could make a surprise foray into the defence sector thanks to Hanwha Defense Australia’s bid to supply armoured vehicles to the army.

The Korean company revealed the signing of a memorandum of understanding between Korean company Mottrol and ANCA Engineering Solutions of Bayswater in Melbourne.

Hanwha will partner with the engineering division of cutter and grinder manufacturer ANCA Group, for the manufacture of an advanced suspension system for the Redback Infantry Fighting Vehicle .

The transfer of technology is expected to generate and sustain about 45 jobs across ANCA and its Australian supply chain through Australian expenditure of approximately $85 million.

The agreement was announced at the Land Forces expo in Brisbane.

Picture: Hanwha Defense Australia

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