The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

 XTEK Limited, an Australian-based defence force has appointed Heckler & Koch to be its marketing and sales representative for its products.

H&K is a German-based defence company which manufactures handguns, rifles, submachine guns, and grenade launchers. H&K partners with security forces, police and special forces of NATO and NATO-associated states.

Apart from Germany, it also has global operations in the United States, United Kingdom, and France. H&K has appointed XTEK to be the exclusive re-seller for its products in Australia for the military and law enforcement authorities.

XTEK Managing Director Philippe Odouard commented: “We are very proud to have been selected as Heckler & Koch’s exclusive value-added reseller in Australia. This agreement enables a pathway to higher margin revenue streams of Australian Industry Content, training, repair and maintenance services. This is aligned with our existing strategy and ensures XTEK is a Defence supplier of choice in Australia.”

This agreement allows XTEK to introduce Australian Industry Content such as producing carbon fibre parts using it’s XTclave [a technology which achieves composite curing and consolidation in thermoset and thermoplastic resin systems], to weapon systems to suit Australian customer requirements.

XTEK will also be responsible for providing training, repair and maintenance services on the H&K weapon systems. The Australian Defence Force and Victoria Police have already submitted tenders to XTEK for the provision of its weapon systems and the Company have submitted positive responses.

Please find the announcement attached

XTE by the numbers
More From The Market Online

Fletcher Building navigates uncertain market dynamics in FY24

Fletcher Building has flagged a softening of its Materials and Distribution divisions in Australia and New…

Elsight’s Halo tech makes its way into Lockheed Martin Indago 4 drones

ASX-listed and Israel-based defence tech player Elsight (ASX:ELS) has confirmed its 'Halo' drone tech has been…

AML3D to investigate copper-nickel alloy printing for US Defence

AML3D (ASX:AL3) has confirmed it has received a A$1.5M purchase order from the US DoD to…

AML3D boosts up role in Australian defence space with aerospace parts deal

3D printing specialists AML3D announced its acquisition of a contract to manufacture aerospace parts for Australia's…