500 jobs and $10 million investment secured as Thales Australia commits to new headquarters in Sydney
31 January 2012
One of Australia's largest defence contractors, Thales Australia, will establish a new headquarters in Sydney, investing $10 million and supporting around 500 jobs.
The NSW Government has helped secure Thales Australia's commitment to Sydney with assistance from NSW Trade & Investment.
Deputy Premier and Minister for Trade and Investment Andrew Stoner made the announcement on 31 January at the Pacific 2012 International Maritime Exposition at Darling Harbour.
Thales Australia's long term lease at the Navy's Garden Island facility in Sydney expires in 2013. The company will move its headquarters to a new location in Sydney, while continuing to service ships at Garden Island.
The Thales Australia headquarters is a major operation employing close to 500 people across functions including senior management, tender bid management, project engineering and management, research and development, training, simulation, sales and marketing, and professional services and administration.
The ship repair and maintenance service that Thales provides at the Navy's Garden Island dockyard in Sydney is a vital strategic capability. Thales also supports highly skilled jobs across the State which make a critical contribution to the capabilities of NSW's defence industry.
Mr Stoner said retaining a major defence industry player such as Thales Australia is crucial to support the defence industry in NSW.
Thales Australia CEO Chris Jenkins said strong support from the NSW Government was instrumental in the decision to retain the company's headquarters in Sydney.
"We will continue to support the Navy and key commercial operators with our maritime sustainment operations at the Navy's Garden Island dockyard facilities and our Centre of Excellence in Underwater Systems at Rydalmere," Mr Jenkins said.
"In addition we are in negotiations on a new site in Sydney to base our headquarters staff.
"We look forward to continuing to work with the NSW Government on strengthening the expertise of defence industry in this State."