Lovitt Technologies, which is currently undergoing a $1.5 million capability expansion project under the Future Industries Manufacturing Program, has managed to extend and secure major new contracts with clients in the aerospace industry such as Boeing and F-35 Joint Strike Fighter producer Lockheed Martin.
The company has taken on five new workers and acquired cutting-edge manufacturing technology, including a next generation computer to create precision aerospace components.
Currently, Lovitt manufacture the floor structure, bulkheads and the engine mounts for the F-35 aircraft and parts of the trailing edge of the most technically advanced commercial aircraft in the world – the Boeing 787 ‘Dreamliner’.
Parliamentary secretary for industry and employment Vicki Ward said the program, which aims to support defence and construction technologies, has helped boost the capabilities of the aerospace manufacturer.
"Our support for Lovitt Technologies has taken them to the world stage – creating jobs for locals and boosting our credentials as a world-leader in manufacturing," Ward said.
"The company has grown in recent years, creating more jobs for Victorians and boosting our manufacturing sector."
Lovitt Technologies Australia was established in 1954 to manufacture tooling for Australia’s automotive industry, and has since developed into a leading supplier of complex and precision-engineered structural components.
It is one of the six key Victorian companies contributing to the F-35 project, along with Marand, Cablex, AW Bell, RUAG and BAE Systems Australia.