Displaying items by tag: Department of Defence

The competition watchdog the ACCC has started civil cartel proceedings in the Federal Court against two companies - Spotless Facility Services Pty Ltd (a subsidiary of Downer EDI Limited - ASX: DOW) and Ventia Australia Pty Ltd (a subsidiary of Ventia Services Group Limited ASX: VNT) - and four senior executives, for alleged price fixing relating to estate maintenance and operation services for the Department of Defence (Defence).

The United States Department of Defence has awarded Australian company specialising in building and operating immersive XR products and experiences xReality Group (XRG) a $5.6 million contract to deliver a new immersive training capability.

COMPANY NEWS:

Key highlights: 

• Atturra Limited unaudited FY24 revenue to exceed $240m, up 35% on the prior corresponding period (pcp)
• Strong end to 2HFY24 with Underlying EBITDA for the full year of $25m to $26m, up 19% on pcp which is in line with guidance of 25m+
• Over 40 new federal government contracts signed across multiple departments and agencies including Departments of Defence, Home Affairs, Finance, and Treasury, as well as the Australian Signals Directorate, Australian Criminal Intelligence Commission and Australian Financial Security Authority showing confidence in Atturra’s sovereign capabilities. Although individually not material to the overall FY24 result, the combined contracts noted have contributed to the aggregate FY24 performance outlined above.  
• Continuing to track well with contracts in the education, mining and resources and local government sectors. Atturra is expecting to continue strong revenue growth in FY25 whilst maintaining target underlying EBITDA.
• Continued success in integrating acquisitions to be Australia’s leading sovereign end to end IT services and advisory businesses.
• 20%+ growth in revenue for FY25 whilst maintaining underlying EBITDA of 10.5%

COMPANY NEWS: Claroty, the cyber-physical systems protection company, today announced the appointment of Chris Inglis, former US national cyber director, to its advisory board.

GUEST RESEARCH: A new report calling for building genuine sovereign defence capability for Australia is recommending the Department of Defence cultivate Australian defence prime contractors and create a new $1 billion fund to acquire capabilities and services from medium and small Australian companies for defence purposes.

Finnish telco vendor Nokia announced it has joined the Northeast Microelectronics Coalition (NEMC) Hub, a regional innovation hub led by the Massachusetts Technology Collaborative (MassTech).

Space research centre SmartSat Cooperative Research Centre has unveiled compact hybrid optical-RF user segment (Chorus) prototype terminal to create stable and secured military satellite communications at the 15th Australian Space Forum.

The external provider affected in the ransomware attack on ForceNet, a service used by the Australian Department of Defence, is Dialog Information Technology, a company owned by Singtel.

Australian-listed technology services business Atturra says that strong organic growth and growth from acquisitions continued to contribute towards the solid full-year results for FY22 the company anounced today.

Telecommunications company Telstra is renewing its contract with the Australian Department of Defence to deliver the department increased wireless coverage through a Wi-Fi 6 program and 5G mobile network capability.

Software company BlackBerry’s SecuSUITE now provides certified end-to-end encryption of all group phone calls and instant messages for government and enterprises alike.

Atturra has appointed Estelle Ivory to the role of general manager, business applications within its Microsoft cloud and applications business unit.

Macquarie Telecom surpasses 200 government-cleared security staff as it continues to invest in local skills and capability to protect Australia’s sensitive and government citizen data.

Superannuation fund Hesta has appointed Peter Lawrence to the role of senior technology and digital strategist.

Australian smart energy innovator carbonTRACK has appointed technology veteran Brenton Spear as chief executive officer to work alongside founder Spiros Livadaras to drive the company’s global growth.

ASX-listed Canberra-based cyber security firm archTIS has won a contract valued at $296,000 with the Australian Department of Defence for the expanded deployment of its NC Protect platform.

Australians have already lost over $288,000 to vehicle scams in the first quarter of this year, more than all losses reported to Scamwatch in 2019, and scammers have now begun impersonating defence personnel to con their victims, according to the consumer watchdog, the ACCC.

Cybersecurity training provider DDLS has launched a new advisory service and business unit - DDLS People.

Japanese ICT giant Fujitsu has signed a three-year contract with the Australian Department of Defence to uplift and modernise Defence’s existing and planned future ICT environments.

ASX-listed Canberra-based cyber security firm archTIS has signed a 12-month contract to supply its Kojensi Gov SaaS platform to the Office of the Australian Information Commissioner, the company says.