#TheMarketsTrustIsrael: Plasan (Israel) to Establish Company in Australia

Plasan was founded in 1985 and is a global company operating in the area of survivability for land, air and naval platforms for the defense market.

Plasan Sasa Ltd. (“Plasan”)  announced today on its intention to increase its commitment to the Australian defence industry and to establish a local subsidiary in Australia to be named “Plasan-Australia” which will aim to support its local partners and the projects that Plasan is involved with in Australia in the best possible way, to support the company’s AIC commitments and to enhance transfer of technology efforts.

Plasan has a successful history in Australia, the most significant achievement of which to date is the Hawkei program. Early collaboration with Thales Australia starting in 2009 resulted in a partnership for LAND121 Phase 4 which lead to the creation and win of the Hawkei, whose cabin was designed, tested and produced by Plasan.

Currently, Plasan’s cooperation with BAE Australia is taking it on board the Hunter Class frigate, a project which was kicked off in February, incorporating Australian sourced Armor Steel by Bisalloy into Plasan’s survivability solutions.

Dani Ziv, CEO: “The long term experience and substantial understanding of Australia defense strategic needs for the next decade, as well as the importance for Australia to acquire core and critical technologies and capabilities, have led us to decide to amplify our presence in Australia as well as to shift our supply chain to Australian industry to the widest possible extent. The establishment of Plasan-Australia will solidify this presence.“

Based on press release by Plasan, selected as relevant, shortend and regrouped by VonNaftali.