Australia News

Australian Industry Reaches F-35 Milestone

IHS Jane's Defence Weekly // February 13, 2018

Australian industry has now been awarded more than AUD1 billion (USD786 million) in subcontracting work on the Lockheed Martin F-35 fighter aircraft programme and the government said it is planning to secure more.

Australia’s Minister for Defence Industry Christopher Pyne announced the milestone on 13 February. “More than 50 Australian companies directly shared in the production contracts to date, with many more indirectly benefiting through supply chain work,” he said, adding that Australia is aiming for F-35 work worth more than USD2 billion by 2023.

“Further opportunities are expected for Australian companies to increase production contract values over the next four years as F-35 production rates more than double,” he said. “Australian industry is manufacturing parts that will be fitted to every F-35 aircraft in production across the globe.”

The Australian government is aiming to achieve industrial participation on the F-35 programme worth up to AUD9 billion by 2050.

Australia has a requirement for 100 F-35As of which 72 have been contracted to date. The first of these aircraft are expected to arrive in Australia in late 2018.

To read the full article, visit the IHS Jane's Defence Weekly website.