QinetiQ Australia has announced the acquisition of integrated logistics provider RubiKon Group, as part of the company’s strategy of expansion in Australia.
“Here in Australia we’ve been very focused on our strategy and what we can bring to the Australian Defence Force, and I’m very pleased as part of the progress with that strategy that we are announcing here today the acquisition of RubiKon Group, a highly regarded and well-respected integrated logistics and support business,” QinetiQ chief executive Steve Wadey said at the Avalon Airshow on Tuesday.
“It will now form part of QinetiQ here and it is critical to our strategy to build stronger customer relationships and to bring even more value to those customers. It is a really big step for us.”
Rubikon was formed in 2009 and has focused on identifying and implementing logistics, supply chain management and procurement solutions.
“Combined with QinetiQ Australia’s existing business relationships, the acquisition of RubiKon Group ensures we are uniquely placed to provide our customers with a more comprehensive service offering to meet both existing and future demand,” QinetiQ Australia managing director Greg Barsby said.
“This acquisition strengthens our position in the market enabling us to take on broader programs of work for our customers and enhances the technical expertise, deep domain knowledge and rigorous thinking we are known for.”
Said RubiKon Group managing director Chris Otley-Doe: “I see this as an exciting and natural fit for the RubiKon team. It will enhance their opportunities and career progression, at the same time exposing them to more diverse products and campaigns.”
Separately QinetiQ has announced the appointment of Rear Admiral Raydon Gates (ret’d) to the QinetiQ Australia board. The former Maritime Commander Australia retired as chief executive of Lockheed Martin Australia at the end of 2016.
“In the current climate, the defence industry has an important role to play in innovation, leadership and collaboration to ensure we have the best capability to protect Australia’s sovereignty,” Gates said.
“QinetiQ Australia is well-respected within the industry and I look forward to supporting their on-going success as a strategic program delivery provider.”