A Melbourne-based company has been named in Lockheed Martin Aeronautics’ global top 2 per cent of suppliers for 2016.
Lovitt Technologies Australia has been recognised by the global leader for its contribution to the Lockheed Martin Joint Strike Fighter (JSF) program.
Lovitt, which to date has won almost $160 million in contracts and long-term agreements with Lockheed Martin for the JSF program, currently provides complex manufactured parts such as engine mounts and brackets for the JSF.
Minister for Defence Industry Christopher Pyne said the company, with its 80-strong staff, is an exemplar of the Australian defence industry's ability to be internationally competitive and recognised for its reliability in supplying high-quality components.
"Lovitt is a strong performer amongst the depth of Australian companies leading the way for the F-35 Global Support Solution," Minister Pyne said.
"Australian government and industry are working together to promote the capability of Australian companies, having already secured over $800 million in contracts to date.
"The benefits the F-35 Program provides to the Australian economy employment opportunities and building global partnerships are to be celebrated. According to a PricewaterhouseCoopers report released by the Prime Minister in February, by 2023 the Joint Strike Fighter program will have created more than 5,000 jobs across Australia."
Lovitt was originally founded in 1954. It is 100 per cent Australian-owned and has partnered with many global leaders in defence and aerospace, including Lockheed Martin, Northrop Grumman and Boeing.