IFLR1000

Australian army A$5.2 billion acquisition of 211 combat vehicles

17/8/2018
Asset acquisition
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A$ 5.2 billion

Announced

17/8/2018

Overview:

  • Australian army has acquired 211 combat reconnaissance vehicles from Rheinmetall Defence Australia.
  • The transaction is part of LAND 400 Phase 2 Project.

Daniel Semerdzhiev - Data analyst

Jurisdiction:

Australia

Deal type:

Asset acquisition

Practice area:

M&A

Governing law:

Australia

Industry sector:

Defence

Firm:
Ashurst

Party: Department of Defence – Capability Acquisition and Sustainment Group (Acquirer)

Lawyers: Rehana Box, Sarah Ross-Smith

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