Navantia Australia Signs MoU with IKAD Engineering for Future Frigates and Export Opportunities

Perth, 29 March 2018

Navantia Australia has signed an Memorandum of Understanding (MoU) with IKAD Engineering to explore opportunities for local manufacture and fabrication of components for the SEA 5000 Future Frigates project.

“IKAD is a very capable local company whose significant experience with naval warships will provide significant benefits to our programs,” said Navantia Australia managing director Donato Martinez. “This is a continuation of our commitment and engagement with Australian industry to ensure Australia’s future naval shipbuilding capabilities and build sovereign capability.”

“We are excited about the opportunity to partner with Navantia Australia,” said Ivan Donjerkovich, managing director IKAD Engineering. “This provides IKAD with the opportunity to contribute to Australia’s sovereign naval shipbuilding enterprise, and provides entry to export markets through Navantia and its global partners.”

“The partnership with IKAD will bring significant benefits for Navantia Australia’s future programs,” said Mr Martinez. “We will work closely with IKAD to transfer knowledge and technology from Spain, growing the capacity of Australian industry and expanding IKAD’s potential to compete on the global market.”

About IKAD Engineering
IKAD Engineering is Australian company with a demonstrated history of reliable high-quality service to the Naval Defence Industry across Australia . IKAD has extensive capability and experience in heavy mechanical engineering such as gearboxes and propulsion systems, as well as fabrication, piping, machining and industrial coatings. Combining engineering expertise and unmatched levels of subject matter knowledge with fully internationally accredited manufacturing, maintenance, repair and overhaul capabilities IKAD delivers best value and highest quality products and services that ensure reduced life cycle costs and maximum asset availability.

About Navantia Australia
Navantia Australia’s roots date back hundreds of years. Since 2006 we have been Australia’s shipbuilding partner. At Navantia Australia, we are committed to growing our local workforce and links to the Australian supply chain to best support the growth of a truly Australian shipbuilding industry.