Page 28 - Australian Defence Magazine Dec 2018 - Jan 2019
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Record $12 .7 billion turnover for 2018 Top 40
FIRST, the raw numbers. Lendlease has tak- en out the top spot but this is the first time two companies (Lendlease and Thales) have both broken the $1 billion turnover ceiling in the same list. Remember that ADM de- fines turnover as money coming in the door during the 2018 calendar year. So while big contracts may have been signed this year, money won’t start to flow until later down the line.
The total turnover for the 2017 list of $10.2 billion was outshone by this year’s $12.7 billion figure, a truly impressive 24 per cent jump in growth.
The Top 10 defence companies list has two big changes this year: Rheinmetall Defence Australia makes an impressive Top 40 debut at No. 9 with $550 million, and the newly formed Downer/Spotless makes the No. 8 spot, up from Downer’s No. 14 and on par with Spotless’ No. 8 ranking from 2017.
“Defence is Spotless’ and Downer’s lon- gest standing client, having individually supported Defence for over 80 years across a range of capability acquisition, sustain- ment, estate construction and upkeep, and advisory roles,” Brett Sangster of Downer/ Spotless explained to ADM. “Combining the significant footprint and capability of both organisations - including our specialist subsidiaries of AGIS and Envista – positions us as one of the only integrated delivery enti- ties that has a whole of Defence Life Cycle offering and mindset. Our combined AIC solution specifically delivers to the needs of Defence, the major Primes and other gov- ernment agencies.”
Rheinmetall’s debut in the Top 40 has been a long time coming, with the company slowly building from the Land 121 foundation through to the Land 400 Phase 2 win in 2018.
“With the company focused on delivering a range of programs including Land 400 Phase
Once again ADM has gone out to industry to get a snapshot of what we look like in terms of turnover, workforce, AIC, R&D, exports. We now include new details such as female workforce participation and Indigenous engagement policies.
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