What does SOVEREIGN PROPULSION SYSTEMS PTY LTD do for the Australian Government?

SOVEREIGN PROPULSION SYSTEMS PTY LTD is an Australian Government contractor with 11 contracts worth $6.7M since 2022. Their largest government client is Department of Defence, and their average contract value is $609K. Recent government contracting activity has declined.

Key Metrics

11Total Contracts
$6.7MTotal Value
1Agencies Served
$609KAvg Contract
3Years Active

How much does SOVEREIGN PROPULSION SYSTEMS PTY LTD win in government contracts each year?

$0 $1.1M $2.3M $3.4M $4.5M 2022: $409K 2022 2023: $1.8M 2023 2024: $4.5M 2024
View data table
SOVEREIGN PROPULSION SYSTEMS PTY LTD — Annual Government Contract Awards
YearContractsValue
20224$409K
20233$1.8M
20244$4.5M

Who are SOVEREIGN PROPULSION SYSTEMS PTY LTD's biggest government clients?

AgencyContractsValueShare
Department of Defence 11 $6.7M 100.0%

What categories does SOVEREIGN PROPULSION SYSTEMS PTY LTD supply to government?

CategoryContractsValueShare
9313-community-and-social-services 8 $4.7M 69.5%
9211-public-safety-and-order 1 $1.0M 15.6%
8110-professional-engineering-services 1 $977K 14.6%
8114-research-programs 1 $22K 0.3%

How does SOVEREIGN PROPULSION SYSTEMS PTY LTD win government contracts?

MethodContractsValueShare
limited 11 $6.7M 100.0%

What are SOVEREIGN PROPULSION SYSTEMS PTY LTD's largest government contracts?

ContractAgencyValueAwarded
Research Equipment Department of Defence $1.3M
Research Services Department of Defence $1.2M
Development Services Department of Defence $1.0M
Engineering Services Department of Defence $977K
Research project Department of Defence $652K

What are SOVEREIGN PROPULSION SYSTEMS PTY LTD's most recent government contracts?

ContractAgencyValueDate
Development Services Department of Defence $1.0M
Engineering Services Department of Defence $977K
Research Equipment Department of Defence $1.3M
Research Services Department of Defence $1.2M
Research Services Department of Defence $550K
Research project Department of Defence $652K
Research Services Department of Defence $561K
Prototype Expendable Long Range Stores Delivery UAV Design Department of Defence $44K
Technology Demonstration Department of Defence $22K
Research Programs Department of Defence $220K

Is SOVEREIGN PROPULSION SYSTEMS PTY LTD's government business growing or declining?

↓ 100.0%

Significant decline — contract value dropped 100% year-over-year.

Based on comparison of last 12 months vs prior 12 months of awarded contract value.

Who competes with SOVEREIGN PROPULSION SYSTEMS PTY LTD for government contracts?

Other suppliers winning contracts from the same agencies in similar categories.

SupplierContractsValue
FORTBURN PTY LTD 200 $4.98B
ASC PTY LTD - N 33 $3.43B
BAE SYSTEMS AUSTRALIA LIMITED 444 $3.20B
RAYTHEON AUSTRALIA PTY LTD 190 $2.99B
ASC SHIPBUILDING PTY LTD 7 $2.99B
THALES AUSTRALIA LIMITED 383 $2.33B
KELLOGG BROWN & ROOT PTY LTD 230 $1.79B
BOEING DEFENCE AUSTRALIA LTD 87 $1.51B
NOVA SYSTEMS AUSTRALIA PTY LTD 81 $1.37B
AUSTAL DEFENCE SHIPBUILDING AUSTRALIA 2 $1.36B

What size contracts does SOVEREIGN PROPULSION SYSTEMS PTY LTD typically win?

Size RangeContractsTotal Value
$10K-$50K2$66K
$100K-$500K2$343K
$500K-$1M4$2.7M
$1M-$5M3$3.5M

What is SOVEREIGN PROPULSION SYSTEMS PTY LTD's registered business information?

Australian Business Number (ABN)
25657037075
Registered Name
SOVEREIGN PROPULSION SYSTEMS PTY LTD
Government Contracting Period
2022 – 2024

Verify entity details on the Australian Business Register.

Registered Business Details

Entity Type
Australian Private Company
ASIC Company Type
Proprietary Limited
ABN Status
Active
GST
Registered
ACN
657037075
ABN
25657037075 verify ↗
State
SA
Postcode
5042
Incorporated
3 February 2022 (4 years ago)
Also trades as
SOVEREIGN PROPULSION SYSTEMS

Source: Australian Business Register (ABR) + ASIC Companies Register. View on ABN Lookup ↗

Procurement Categories

UNSPSC categories where SOVEREIGN PROPULSION SYSTEMS PTY LTD is active.

Politics & Civic Affairs 8 contracts · $4.7M · 0.0% of category spend Defence & Public Order 1 contracts · $1.0M · 0.0% of category spend Engineering & Research 2 contracts · $999K · 0.0% of category spend

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