The General Motors Holden site in Fishermans Bend’s Employment Precinct has been named as the preferred site to build 225 new Combat Reconnaissance Vehicles.

The State Government has signed a Heads of Agreement with BAE Systems to build the state-of-the-art vehicles at the former Holden site at Fishermans Bend, should it win the contract for the LAND 400 Phase Two project.

Tank

The LAND 400 Phase Two project is worth around $5 billion and would create more than 2000 manufacturing and supply chain jobs in Victoria.

Victorian defence companies would get a large share of the work, with BAE Systems agreeing to partner with Marand, MOOG Australia, Motec, AME Systems, RUAG Australia, DVR Engineering, and APV to build vehicle components.

The new fleet of vehicles will replace the current Australian Light Armoured Vehicle fleet.

The General Motors Holden site is a key catalyst project for Fishermans Bend, Australia's largest urban renewal project, and showcases the transition of the Employment Precinct into one of Australia's leading places for leadership in innovation.