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| MK-47 Grenade Launcher |
LAND 40 Phase 2, the Light Weight Automatic Grenade Launcher project, has been removed from the Projects of Concern list.
Minister for Defence Senator the Hon Marise Payne said the project has been on the list since December 2012, however is now well positioned to deliver an important capability to the Australian Defence Force.
“The removal of this project demonstrates that the Projects of Concern process is working,” Senator Payne said.
“The goal for all Projects of Concern is to successfully remediate the projects and return them to the usual project management framework.”
Project LAND 40 Phase 2 entered a new contract with Australian company NIOA in June 2015 to supply the next generation of the Light Weight Automatic Grenade Launcher.
Minister for Defence Materiel Dan Tehan said the Government was committed to providing the best equipment and capability to our Australian Defence Force personnel, whilst delivering sound value for money to taxpayers.
“Investment in local industry will create local jobs, drive economic growth, improve the skills of workers and transform our advanced manufacturing sector,” Mr Tehan said.
Delivery of the new MK-47 weapons including an advanced sighting system will commence in late-2016 and be completed by mid-2017.
The Light Weight Automatic Grenade Launcher system will prove a valuable capability to our forces.
The current Projects of Concern list is as follows:
| Project | Description | Date added |
| CN 10 | Collins Class Submarines | November 2008 |
| AIR 9000 Ph 2, 4, & 6 | Multi-Role Helicopter | November 2010 |
| JP 2086 Ph1 | Mulwala Redevelopment Project | December 2012 |
| SEA 4000 Ph3 | Air Warfare Destroyer | June 2014 |
| JP 2008 Ph 3F | Australian Defence Satellite Communications Capability Terrestrial Enhancement | September 2014 |
AUS DoD