SYDNEY--(BUSINESS WIRE)--
Australia operations of Axalta Coating Systems (NYSE: AXTA), a leading
global supplier of liquid and powder coatings, has signed an agreement
with Rheinmetall MAN Military Vehicles Australia (RMMVA) to provide
coating products for over 2,500 Australian military logistic vehicles
being produced as part of the Australian government’s LAND 121 Phase 3B
Defence Project. Rheinmetall is a global leader in the supply of
military vehicles. The agreement was reached based on Axalta’s
capability to develop and manufacture specific end-use coatings required
especially by the project.
“This is the first defense contract of such magnitude for Axalta and
signals another important step in our company’s growth strategy,”
explained Sobers Sethi, Vice President for Axalta’s South and East Asia
region. “Backed by a century and a half of product innovation and
thought leadership, Axalta is well-placed to meet the critical needs of
this important project and we look forward to a strong working
partnership with RMMVA.”
To win the bid, Axalta demonstrated its ability to develop customized
product solutions for this highly specialized market. In addition to
providing special end-use coatings, Axalta’s technology includes
application techniques designed to improve cycle times and coating
productivity. Under the contract, Axalta will provide the entire supply
chain from production and supply of coatings as well as warehousing and
distribution within Australia and also will provide technical support to
optimize application.
“The agreement with Axalta Coating Systems Australia showcases RMMVA’s
ongoing commitment in engaging commercial companies to support the
defense industry sector,” said RMMVA Managing Director Peter Hardisty.
“This partnership creates cost efficiencies for the entire program.”
Axalta will produce in Australia and export the full suite of components
for the paint, which includes hardeners, thinners, primers and the
different colors required for the camouflage pattern. All coating
products comply with the Australian Paint Approval Scheme (APAS) and
will be produced in Australia, generating flow-on benefits into the
Australian economy through localized trade and employment.
LAND 121 Phase 3 was established to replace the current fleet of
Australian Defence Force (ADF) field vehicles, modules and trailers and
will enhance the ground mobility of the ADF. RMMVA signed the Land 121
Phase 3B contract in 2013 to supply the Commonwealth of Australia with
more than 2,500 medium and heavy military logistical trucks, all of
which must be pre-treated and painted with APAS certified paint.
About Axalta Coating Systems in Australia
Axalta Coating Systems is a leading global company focused solely on
coatings and providing customers with innovative, colourful and
sustainable solutions. From light OEM vehicles, commercial vehicles and
refinish applications to electric motors, buildings and pipelines, our
coatings are designed to prevent corrosion, increase productivity and
enable the materials we coat to last longer. With more than 145 years of
experience in the coatings industry, the over 12,000 people of Axalta
continue to find ways to serve some 120,000 customers in 130 countries
better every day with the finest coatings, application systems and
technology. Axalta has been operating in Australia since 1985. For more
information please visit www.axalta.com.au.
About Rheinmetall MAN Military Vehicles Australia (RMMVA)
RMMV is the Rheinmetall Group’s centre of excellence for logistical and
tactical wheeled vehicles. Rheinmetall is one of the world’s leading
suppliers of defence technology, including wheeled and tracked military
vehicles, weapons, ammunition, simulation solutions, command and control
technology, force protection systems and sensors. For more information
please visit www.rheinmetall-defence.com.
Source: Axalta Coating Systems