CORRECTED-GE sees $3 bln in Australia gas opportunities-report - Reuters

SYDNEY May 23 (Reuters) - Conglomerate General Electric Co (GE) sees A$3 billion ($3 billion) worth of business opportunities in the Australian gas market "in the next few years", the Australian newspaper reported.

John Krenicki, chief executive of GE's Energy division, was quoted as saying the company rates Australia as one of its top ten markets, as the country heads to become the world's largest producer of liquified natural gas (LNG) by 2017.

GE last week bid for Australian mining equipment firm Industrea Ltd in a deal estimated at around A$470 million offer..

GE said last year it aimed to raise revenue at its energy division by at least 8 percent in 2012, and was targeting $60 billion in revenue from the unit by 2014.

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BAE Australia seeks new opportunities - United Press International

Published: Feb. 2, 2012 at 11:15 AM

EDINBURGH, Austria, Feb. 2 (UPI) -- BAE Systems reports it is seeking to strengthen its local supply chain in Australia and develop new business opportunities.

The initiative is called the Global Access Program, which features a team of specialists who will work with its small and medium-sized suppliers to broaden BAE's range of business opportunities.

BAE Systems Australia Chief Executive David Allott said more than 50 small and medium enterprises have secured work as part of BAE's worldwide supply chain, including the supply of components for F-35 Joint Strike Fighter.

"Already, Victorian precision engineering company Marand has secured a long-term deal with our global company potentially valued at nearly $800 million over the next 20 years to supply vertical tail components," he said.

"Six other SMEs across Australia are also currently delivering a series of qualification contracts that, if successful, will ultimately lead to securing up to $300 million of work to provide advanced (components) for the JSF's Electronic Warfare systems.

"Our new GAP team will be building on these programs and looking to identify others that can open more doors for more Australian companies into our worldwide network," he said.

View the original article here

BAE Australia seeks new opportunities - United Press International

Published: Feb. 2, 2012 at 11:15 AM

EDINBURGH, Austria, Feb. 2 (UPI) -- BAE Systems reports it is seeking to strengthen its local supply chain in Australia and develop new business opportunities.

The initiative is called the Global Access Program, which features a team of specialists who will work with its small and medium-sized suppliers to broaden BAE's range of business opportunities.

BAE Systems Australia Chief Executive David Allott said more than 50 small and medium enterprises have secured work as part of BAE's worldwide supply chain, including the supply of components for F-35 Joint Strike Fighter.

"Already, Victorian precision engineering company Marand has secured a long-term deal with our global company potentially valued at nearly $800 million over the next 20 years to supply vertical tail components," he said.

"Six other SMEs across Australia are also currently delivering a series of qualification contracts that, if successful, will ultimately lead to securing up to $300 million of work to provide advanced (components) for the JSF's Electronic Warfare systems.

"Our new GAP team will be building on these programs and looking to identify others that can open more doors for more Australian companies into our worldwide network," he said.

View the original article here

BAE Australia seeks new opportunities - United Press International

Published: Feb. 2, 2012 at 11:15 AM

EDINBURGH, Austria, Feb. 2 (UPI) -- BAE Systems reports it is seeking to strengthen its local supply chain in Australia and develop new business opportunities.

The initiative is called the Global Access Program, which features a team of specialists who will work with its small and medium-sized suppliers to broaden BAE's range of business opportunities.

BAE Systems Australia Chief Executive David Allott said more than 50 small and medium enterprises have secured work as part of BAE's worldwide supply chain, including the supply of components for F-35 Joint Strike Fighter.

"Already, Victorian precision engineering company Marand has secured a long-term deal with our global company potentially valued at nearly $800 million over the next 20 years to supply vertical tail components," he said.

"Six other SMEs across Australia are also currently delivering a series of qualification contracts that, if successful, will ultimately lead to securing up to $300 million of work to provide advanced (components) for the JSF's Electronic Warfare systems.

"Our new GAP team will be building on these programs and looking to identify others that can open more doors for more Australian companies into our worldwide network," he said.

View the original article here

BAE Australia seeks new opportunities - United Press International

Published: Feb. 2, 2012 at 11:15 AM

EDINBURGH, Austria, Feb. 2 (UPI) -- BAE Systems reports it is seeking to strengthen its local supply chain in Australia and develop new business opportunities.

The initiative is called the Global Access Program, which features a team of specialists who will work with its small and medium-sized suppliers to broaden BAE's range of business opportunities.

BAE Systems Australia Chief Executive David Allott said more than 50 small and medium enterprises have secured work as part of BAE's worldwide supply chain, including the supply of components for F-35 Joint Strike Fighter.

"Already, Victorian precision engineering company Marand has secured a long-term deal with our global company potentially valued at nearly $800 million over the next 20 years to supply vertical tail components," he said.

"Six other SMEs across Australia are also currently delivering a series of qualification contracts that, if successful, will ultimately lead to securing up to $300 million of work to provide advanced (components) for the JSF's Electronic Warfare systems.

"Our new GAP team will be building on these programs and looking to identify others that can open more doors for more Australian companies into our worldwide network," he said.

View the original article here

BAE Australia seeks new opportunities - United Press International

Published: Feb. 2, 2012 at 11:15 AM

EDINBURGH, Austria, Feb. 2 (UPI) -- BAE Systems reports it is seeking to strengthen its local supply chain in Australia and develop new business opportunities.

The initiative is called the Global Access Program, which features a team of specialists who will work with its small and medium-sized suppliers to broaden BAE's range of business opportunities.

BAE Systems Australia Chief Executive David Allott said more than 50 small and medium enterprises have secured work as part of BAE's worldwide supply chain, including the supply of components for F-35 Joint Strike Fighter.

"Already, Victorian precision engineering company Marand has secured a long-term deal with our global company potentially valued at nearly $800 million over the next 20 years to supply vertical tail components," he said.

"Six other SMEs across Australia are also currently delivering a series of qualification contracts that, if successful, will ultimately lead to securing up to $300 million of work to provide advanced (components) for the JSF's Electronic Warfare systems.

"Our new GAP team will be building on these programs and looking to identify others that can open more doors for more Australian companies into our worldwide network," he said.

View the original article here

BAE Australia seeks new opportunities

Published: Feb. 2, 2012 at 11:15 AM

EDINBURGH, Austria, Feb. 2 (UPI) -- BAE Systems reports it is seeking to strengthen its local supply chain in Australia and develop new business opportunities.

The initiative is called the Global Access Program, which features a team of specialists who will work with its small and medium-sized suppliers to broaden BAE's range of business opportunities.

BAE Systems Australia Chief Executive David Allott said more than 50 small and medium enterprises have secured work as part of BAE's worldwide supply chain, including the supply of components for F-35 Joint Strike Fighter.

"Already, Victorian precision engineering company Marand has secured a long-term deal with our global company potentially valued at nearly $800 million over the next 20 years to supply vertical tail components," he said.

"Six other SMEs across Australia are also currently delivering a series of qualification contracts that, if successful, will ultimately lead to securing up to $300 million of work to provide advanced (components) for the JSF's Electronic Warfare systems.

"Our new GAP team will be building on these programs and looking to identify others that can open more doors for more Australian companies into our worldwide network," he said.

View the original article here