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    Zylotech awarded a contract by the Defence Materiel Organisation, Department of Defence, for an Independent Long Range Sonobuoy Launcher Study.


    We are pleased to advise that Zylotech has been awarded a contract by the Defence
    Materiel Oganisation, Department of Defence, to conduct a Study into the Carriage and
    Launch of Sonobuoys by an Independent UAV (Unmanned Ariel Vehicle) platform.

    This contract is the first placed on Zylotech by the Defence Materiel Organisation (DMO), following the selection of Zylotech as part of a four-company "Team
    Australia" Suppliers Group within the Strategic Airborne Sonar Program (SASP). The SASP will provide the Australian Defence Force (ADF) with its airborne acoustic sensor requirements and sustainment and further development of Airborne Acoustic
    Systems capability in Australia. (The SASP was announced by the Minister for Defence, The Hon. Robert Hill, as part of his keynote address made to the Defence and Industry Conference on 24 June 2003. See also Zylotech ASX Announcement 28 May).

    Zylotech has a, long term, exclusive agreement with the University of Sydney to commercialise a vertical take off and landing UAV. (Called the Mirli, designed by Dr. Hugh Stone of the University). The Mirli design will be used in the simulated design impact study part of this contract with the DMO to assist in identifying and evaluating the risks of carriage and release of sonobuoys from such an independent long range
    UAV platform type.

    This study contract commissioned by the DMO under the SASP is in addition to a previous contract with the Defence Science and Technology Organisation (DSTO) for a study and risk analysis into a proposed Carousel Launcher, conceptually designed by Zylotech, for the carriage and launching of multiple sonobuoys from Sea Hawk helicopters used by the ADF.

    Zylotech is pleased that its selection as part of the 4 company Team Australia supplier group, formed to assist the ADF in satisfying it's capability development and sustainment objectives over the longer term, under the SASP is delivering shorter term positive revenue outcomes for the company. We are confident that Zylotech will achieve further contracts from the DMO as ADF requirements under SASP continue to
    expand and develop over time.

    Bernard Mc George
    CEO & Managing Director


    Here are some extracts from Sen Hills keynote address to the aforementioned Defense and industry conference in June 2003 that might just help put Zylotechs announcement and its Team Australia effort with Thales,Acoustic Technologies and Nautronix in better perspective.

    The Government’s funding commitment

    We will also continue to provide the necessary resources for the task, and Australian industry will continue to benefit from that substantial spending program in the coming year:


    the Defence capital budget in 2002-03 is projected to be $3.5 billion, rising by $600 million in 2003-04 to $4.1 billion. Over 80% of that spending is expected to be with Australian industry – a total of $3.3 billion in 2003-04;


    over and above that, Defence has projected that in 2002-03 it will spend a total of $4.5 billion on non-capital procurements. That is expected to rise by over $500 million in 2003-04, to a total of over $5 billion;

    - that is hard cash spent on supplies, much of it in Australia. In 2002-03, $3.6 billion, or 80% of the total is expected to be spent in Australia. In 2003-04, it is again projected to be 80% of the total, or over $4 billion;


    altogether, in 2003-04 Defence has projected spending a total of $9.1 billion on capital and non-capital procurements - 14% more than last year. Expenditure in Australia is expected to be $7.3 billion.

    These are substantial sums of money and underline the opportunities available to industry.


    The Defence-Industry Partnership

    As you know, the Government has adopted a more strategic approach to defence industry, with the objective of building and sustaining key defence industry capabilities.

    We believe that one way to achieve this objective is to increase Australian industry’s long-term commercial viability, by supporting its entry into the supply chains of the international defence market.

    In the last year Defence and industry have worked together very closely and, I believe productively, in pursuit of this objective.

    Three projects are particularly important in this context, and warrant further discussion. They are: the Joint Strike Fighter; the Littoral Combat Ship; and the Australian Airborne Acoustic Systems Industry Strategy.


    Australian Airborne Acoustic Systems Industry Strategy

    We are also encouraging and facilitating Australian industry to create mass through joining together and competing for global contracts as a group.

    An interesting development is the new Australian Airborne Acoustic Systems Strategy, which illustrates the further evolution of the Defence and industry partnership.

    This strategy has sought to aggregate, focus and rationalise ADF demand for airborne acoustic systems through a single point of acquisition – where hitherto we have bought these systems through four separate systems program offices (SPOs) plus DSTO.

    In recent years, we have developed in Australia a high technology, low cost solution to our sonobuoy and airborne acoustic processing requirement. It is a world-class capability that should be exploited both domestically and globally.

    Four companies – Thales Underwater Systems, Acoustic Technologies, Nautronix and Zylotech – have entered into a cooperative agreement to do so. By exploiting their respective areas of expertise and pooling their resources, they have the potential to achieve together what they would be unable to achieve separately.

    The companies have signed an MOU to work together to provide the Airborne Acoustic Systems requirements of the ADF.

    The four companies signed the MOU on the 19th of February this year. It establishes a structure for commercial cooperation in the pursuit of a unified, globally competitive industrial capability in airborne acoustics – particularly in the littoral environment


    Electronic Systems Sector Plan – Exposure Draft

    The Electronic Systems Sector Plan has also been developed over the last eighteen months in consultation with industry, through a Working Group of the Defence and Industry Advisory Council.

    The exposure draft released today proposes a model of how the Australian electronic systems sector can be positioned to support the self-reliance of the Australian Defence Force.

    The exposure draft proposes that five technology groups – military systems integration, mobile military communications, electronic warfare, phased array radar, and underwater acoustic technologies – be identified as critical to Australia’s self-reliance in electronic systems.

    It then identifies a range of measures that reach into the assessment of suppliers’ capabilities; the management of demand and risk; and the focus of the development and maintenance of the sector’s intellectual infrastructure.

    Again, I commend the exposure draft for your consideration so that with your help the Defence and Industry Advisory Council Working Group are able to complete their project.


    Conclusion

    On my measure, it has been a big year for the Defence Organisation and its industry partners.

    We have reassessed our strategic circumstances with the release of the Defence Update.

    We are actively implementing the Defence Capability Plan, while updating it to reflect our strategic realities.

    Slowly but surely, we are putting in place the building blocks for a more sustainable defence industry base. We are working cooperatively to implement the more strategic approach to defence industry, where opportunities arise. We are systematically reviewing key sectors through the various industry plans, and publicly releasing such plans.

    Importantly, we have collaborated in efforts to secure a place for Australian industry in global supply chains.

    The Government’s commitment to Defence has been clearly demonstrated by the additional $2.1 billion allocated in the Budget, the approval of new projects, and measures to strengthen the defence industry base.

    We are continuing with our program of internal reform to ensure that Defence meets its part of the trinity of cost, capability and schedule.

    Cheers d.

    Ive got a few zylobs and holding.


 
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