The 2018-19 budget yesterday revealed a $52 million spend on the Future Frigate program in the coming financial year to replace Australia’s existing fleet of eight Anzac-class frigates with nine new anti-submarine warfare ship. It will eliminate the peaks and troughs that has prevented the industry reaching its full potential, there are huge opportunities on the horizon’ Anthony Brdar Managing, MG Engineering.

Italian shipping giant Fincantieri engaged MG Engineering to build two ship blocks that will be used to for a cruise ship they are building in Vietnam. Each block weighs 22.3 tonne and is just under the size of a tennis court. Fincantieri is bidding for the $35 billion SEA 5000 Future Frigate Program and committed to the local block build which will use 50 tonnes of Australian steel, as a part of its engagement to local suppliers.

MG Engineering is planning a $2.5 million expansion of it’s workshop and slipway at Gillman, taking on another 64 workers to triple it’s workforce.
View the Channel 10 news story below.

MG Engineering has secured its first export contract, for international company Penwarden Holdings in New Zealand.

This is a great win and allows for further growth of our team, we have already employed an additional 9 full time staff, with more to follow in the following months’ Anthony Brdar, Managing Director MG Engineering.

November 2015 marked 20 years since the company was formed.