Perth’s Orbital Corporation had broken into the Singapore defence market, signing a memorandum of understanding with one of that country’s largest defence companies.
The agreement with the company, which has not been named, is for the design, development and initial low-rate production of multi-fuel engines for unmanned aerial vehicles (UAVs).
A week ago Orbital deepened its relationship with Boeing, announcing it had been designated as primary supplier of Boeing designed unmanned aerial vehicle (UAV) engines.
The new MoU will begin phase one of a development programme anticipated to take 18 months to complete.
Commencement of production phases depend on the successful completion of phase one.
Todd Alder, CEO of Orbital UAV said: “The MoU and initial contract provide us with the opportunity to further demonstrate our industry leading know-how and technical expertise in the UAV market with a new international customer.”
Orbital has retained its revenue guidance for the year at $25-$35 million.
Subscribe to our free @AuManufacturing newsletter here.