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Friday, 20 October 2023

MMA Offshore wins $30 million Australian Department of Defence contract

by Rose White

MMA Offshore wins  million Australian Department of Defence contract

MMA Offshore (ASX:MRM) has been awarded a contract from the Australian Department of Defence to provide services to the Royal Australian Navy on robotic, remote, and autonomous maritime systems. 

The $479.22 million market capitalisation company says the campaign is expected to take place between November 2023 and June 2024.

Over the 8-month period, the contract revenue is expected to top $30 million. 

This campaign will include the provision of a vessel, a broad range of robotic and autonomous systems, and suitably skilled and experienced personnel to deliver familiarisation and practical learning services to Navy personnel. 

MMA says these services will include generic autonomous, un-crewed, and deep-ocean systems for geospatial data gathering, seabed feature identification, and maritime hydrographic surveying. 

MMA Offshore Managing Director David Ross says the company is ‘thrilled’ to be offering support to the Royal Australian Navy. 

“This award aligns with MMA’s strategy of extending its marine and subsea capability into the Government and Defence sector, and we look forward to continuing our strong relationship with the Department of Defence and the Royal Australian Navy.”

This award aligns with MMA’s strategy of extending its marine and subsea capability into the Government and Defence sector

MMA Offshore is a provider of marine and subsea services globally. The company is headquartered in Perth, Western Australia, and has offices in Singapore, Taiwan, Malaysia, Dubai, and the UK. 

Write to Aaliyah Rogan at Mining.com.au

Images: MMA Offshore
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