JP 129 phase 4 is set out on pages 78 and 79 of the 2012 Defence Capability Plan. http://www.defence.gov.au/Publications/Docs/capabilityplan2012.pdf
The estimated acquisition cost in that document was $100-$300m.
The project later changed its name to Land 129 Ph4. Tenders were called for.
Xtek was the preferred tenderer. The successful tenderer for acquisition is expected to be announced shortly. The contract will be for Land 129 phase 4 a only. Phase 4 b will follow sometime later.
XTE Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
