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    Insitec completes acquisition of Defence panel membership

    CANBERRA, Australia, 31 March 2021: The Chairman of Insitec Pty Ltd, Andrew McNeill, has announced the company’s receipt of formal notification from the Australian Department of Defence of its approval for the novation of an Information Communications Technology Partner Arrangement (ICTPA) panel membership to the company.

    The ICTPA panel membership was formerly held by Canberra-based Exeter (Aust) Pty Ltd [trading as DMV], and negotiations for its purchase and subsequent novation to Insitec Pty Ltd were advanced over 2020. Defence’s approval of the novation of the ICTPA panel membership means that all contracts associated with that membership now transfer to the Insitec Group.

    As a result, over sixty former DMV staff have now joined the Insitec Group and are being progressively integrated into the wider Insitec enterprise.

    According to Mr McNeill: “This acquisition roughly doubles our Group employee base and substantially expands the horizon for our engagement with Defence’s Chief Information Officer Group (CIOG). The Insitec board and executive are very excited at the prospects for future leveraging of this panel membership as a platform to expand our service offerings to Defence and the wider Australian Government.”

    Speaking directly to the benefits of the ICTPA panel membership, Insitec Pty Ltd Managing Director, Michael Branch, said: “The expansion of Insitec ICT team capabilities via the addition of the DMV staff base will enable us to provide an even wider set of services across CIOG. Insitec is building a globally competitive sovereign capability for the Australian Defence Force and its supporting enabling groups via a focus on high-level integration skills, locally-provided technical support and innovative cyber services.”

    “The DMV ICTPA acquisition comprises one further tranche of a wider growth initiative across the Insitec Group commenced over the first half of 2020, with the aim of developing our business capabilities to better focus on evolving Australian Defence Force future military capability requirements, as canvassed in the 2020 Force Structure Plan. It also fully complements our recent acquisition of Horizon Defence Systems Pty Ltd and the successful merging of that company’s capabilities into our Military, Intelligence and Space Systems (MIS) business.”

     

    Further inquiries to:

    Trevor Thomas
    Insitec Group Stakeholder Engagement
    trevor.thomas@insitec.com.au
    www.insitec.com.au
    Mobile: +61 412 631 399

     

    NOTE TO EDITORS: The Insitec Group is a 100% Australian-owned enterprise founded in Canberra in 2001 and is a leading innovator and supplier of highly professional solutions across systems integration, information management, business process automation and associated support services. Along with a new Corporate Services unit centred within Insitec Pty Ltd, the Group comprises three separate trading entities: Insitec ICT, Insitec MIS (Military, Intelligence and Space Systems) and Insitec People (IP). The Group employs over 120 talented Australians and conducts national operations from four locations: Brisbane (Gold Coast), Canberra, Melbourne and Adelaide.