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Tenix is a privately owned Australian company involved in a range of infrastructure maintenance and engineering products and services to the utility, transport, mining and industrial sectors in Australia, New Zealand, the Pacific Islands, and the United States. The antecedent company Transfield was established in 1956 by Carlo Salteri and Franco Belgiorno-Nettis. The company focused on engineering and infrastructure construction, and expanded into the naval shipbuilding industry in the 1980s (initially under the name AMECON, then Transfield Defence Systems). A 1995 dispute between the companys managing directors (the eldest sons of the two founders) led to Transfied being split in two; the Belgiorno-Nettis family kept the Transfield name and the construction side of the business, while the Salteri family retained the infrastructure, defence, and technology elements, which were relaunched in 1997 as several companies under the Tenix name. Tenix Defence grew to become one of Australias largest locally owned defence and technology contractor until 2008, when its defence assets were sold to BAE Systems Australia. On 20 October 2014 Downer EDI acquired the remaining assets of Tenix as the Salteri family auctioned the company to trade and private-equity buyers.