All businesses must develop strategies for resilience in order to cope with changes in market conditions. This is especially true for businesses entering the defence industry, where revenue sources can experience fluctuations. Albins Performance Transmissions is a great example of a resilient business that’s managed to expand into this booming sector. Albins’ growth has based its success on providing highly engineered driveline components and assemblies for a wide range of high-end motor racing applications. The company is a world leader in supplying high-tech, quality drivetrain equipment for heavy duty applications used in a variety of high profile events such as the V8 supercars, World Rally and Dakar Rally.
For more than 25 years, Albins Performance Transmissions has achieved continual success in manufacturing drivetrains. They provide diversified, but niche, commercial driveline components for off-road and motor racing clients who drive supercars such as Lamborghini, Porsche and Ferrari. In 2011, Albins looked into opportunities to supply the defence sector and formed a relationship with Thales, the multinational defence prime contractor which had recently started manufacturing the new Hawkei protected mobility vehicles for the Australian Defence Force. Albins now supplies drivetrain gear to the Hawkei assembly line as part of an integrated Small to Medium Enterprise supply chain.
Albins’ business success is based on its established technical expertise and ability to deliver bespoke, high performance transmissions to suit the individual, yet technically demanding, specifications of their diversified client base. Their resilience comes on the back of this highly innovative business model focussing on solutions for individual clients in difficult markets – a model that in many ways mirrors the needs of the defence sector. These diversified sources of revenue have allowed Albins to continue to innovate and pursue new opportunities, while helping to deliver state-of-the-art capabilities to our soldiers.
Albins is part of The Workforce Behind The Defence Force.