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Lockheed Martin has announced that its Global Supply Chain Program has exceeded $225 million in export contracts in the Australian defence industry.
Lockheed Martin’s Office of Australian Industrial Participation works with the government and within industry to aid in the enhancement of business opportunities within Lockheed’s existing supply chains, through highlighting small and medium-sized enterprises and research and development organisations.
Over the past year, Lockheed has signed contracts with 25 Australian industry partners, including Norseld, Ronson Gears, Q-CTRL, Quickstep, and Advanced Navigation.
“Exceeding $225 million in export contracts demonstrates the value Lockheed Martin Australia brings to Australian industry by opening doors to international opportunities,” said Toni Marzulli, Lockheed Martin Australia and New Zealand vice president of operations.
“Through our Global Supply Chain Program, we are helping Australian businesses scale, compete and succeed on the world stage.
“Australian suppliers are now firmly embedded across Lockheed Martin’s international supply chains, providing critical components, software and services that support some of the most complex defence and aerospace programs globally.”
The Global Supply Chain (GSC) Program has resulted in a range of systems, capabilities and solutions being supported by companies signed as part of the program. These include the Guided Weapons and Explosive Ordnance Enterprise, C-130J Super Hercules, UH-60 Black Hawk, and a range of additional navigation, cyber and satellite systems.
Christopher Hess, Lockheed Martin Australia’s head of industrial development, said, “The growing role of Australian suppliers within our programs reflects the confidence placed in local industry to deliver with the skills, scale and quality required, while also strengthening the resilience of our global supply chains”.
“Backed by a highly skilled workforce and cutting-edge capabilities, Australian companies consistently meet rigorous customer standards and are increasingly recognised as critical enablers of program success.”
Lockheed Martin entered a Global Supply Chain deed with the Commonwealth in 2011 that has enabled the GSC to see significant growth through the support of the government.
