GMC major sponsor, Hanwha Defense Australia, has today been announced as the winning bidder for the Australian Defence Force’s multi-billion dollar Land400 Phase 3 contract. Hanwha will build 129 Redback infantry fighting vehicles at their $170m Avalon facility, which is currently under construction.
Minister for Defence Industry, Pat Conroy, said in his announcement this morning, “The LAND 400 Phase 3 project will have a value of between $5bn and $7bn, making it one of the largest capability acquisition projects in the history of the Army.”
Hanwha will build the vehicles using a largely Australian supply chain. The project is expected to support 500-600 direct jobs and over 1,000 indirect jobs in Australian defence industry suppliers.
Jennifer Conley, GMC CEO, has welcomed the announcement. “This is brilliant news for Geelong. The whole region will benefit from the high value jobs growth created by this opportunity.”
“Manufacturing has an 8x multiplier effect on the economy, and defence primes, such as Hanwha, build capability and sophistication in their supply chains. This contract will enhance our manufacturers’ opportunities to enter global markets.”
“In strengthening Australia’s relationship with Hanwha, we are building ties with a strong partner in Asia – South Korea – which is important for our industrial development and regional relations.”
“I want to congratulate everyone involved for the years of hard work and commitment to bring today’s announcement to fruition.”
Suppliers interested in working with Hanwha Defense Australia must be registered on their supplier portal: Hanwha Australian Industry Portal Log in (benchon.com)
Eligible potential suppliers may be able to access support from the Victorian Government’s Supply Chain Uplift Program (SCUP).
The first vehicles delivered under the contract are expected in early 2027.