RUAG sells Australian subsidiary to ASDAM
RUAG Australia sustains 60% of F-35 components in the Asia-Pacific region. (Photo: RUAG Australia)
The latest divestment of a RUAG defence business aligns with the Swiss group’s strategy of focusing on the space domain and also dovetails with Australian aims to improve sovereign industrial capabilities.
RUAG International has agreed to sell its Australian military and civil aerospace MRO business to ASDAM.
‘ASDAM takes over all activities of RUAG Australia including all employees at all locations in Australia,’ RUAG announced in a statement on 1 April, adding: ‘The sale is expected to be completed in the coming months.’
The acquisition by Australian company ASDAM remains subject to regulatory approval, but it aligns with efforts by the Australian federal government to develop and enhance sovereign industrial capabilities.
ASDAM is already the largest Australian supplier to the F-35 Joint Strike Fighter (JSF) programme. The company has relationships with global prime contractors such as BAE Systems, Boeing, Lockheed Martin, Northrop Grumman and Pratt & Whitney.
RUAG Australia is also involved in the F-35 programme by sustaining 60% of JSF components in the Asia-Pacific region. However, parent company RUAG International has been keen to exit the defence and aerospace sector to focus on the space domain, in line with a divestment strategy defined by the Swiss Federal Council.
You may also like
More from Defence Notes
-
![Ukraine leads the way on battlefield use of directed energy weapons]()
Ukraine leads the way on battlefield use of directed energy weapons
Increased drone use in Ukraine and in Middle Eastern conflicts has created a strong impetus to develop laser and radio-frequency firepower as exploration of direct-energy technology intensifies.
-
![Saudi Arabia eyes large procurement spend as it boosts 2025 defence budget to $78 billion]()
Saudi Arabia eyes large procurement spend as it boosts 2025 defence budget to $78 billion
The new figure is an increase from US$75.8 billion in 2024 and showcases the country’s focus on its Saudi Vision 2030 to achieve a diversified and sustainable economy, reducing the Kingdom’s dependency on oil.
-
![Broad demand for land and technology equipment boosts defence companies’ financial results]()
Broad demand for land and technology equipment boosts defence companies’ financial results
Financial reporting season for the calendar year of 2024 has continued to show substantial growth for defence companies as countries across the world, particularly those in Europe, open the chequebook.
-
![EU commits to increased defence spending and boosting capability]()
EU commits to increased defence spending and boosting capability
There has been increased pressure from the second-term Trump administration in the US, as there was in the first term, for increased defence spending from non-US NATO countries, a move which is noted by Europe as already occurring.
-
![Can the Trump administration overcome the Pentagon's multiple capability integration issues?]()
Can the Trump administration overcome the Pentagon's multiple capability integration issues?
Better integration of systems and sensors across the branches will be critical to ensuring deterrence and readiness.
-
![Trump enters the White House promising into bring the US military to a “golden age”]()
Trump enters the White House promising into bring the US military to a “golden age”
The returning US president also reiterated a commitment to supply the services with “made-in-America” capabilities and to end conflicts worldwide.
