Boeing and Lockheed Martin are contracted to support and maintain Australia’s fleet of attack and utility helicopters.
The multi-million dollar deals aim to promise job creation and economic growth in Australia’s defense industry landscape.
Boeing’s seven-year deal to support Australia’s AH-64E Apache attack helicopters, worth an undisclosed sum, promises a boon for Queensland, with more than 230 new roles to be created in Townsville, Oakey and Brisbane.
Meanwhile, Lockheed Martin Australia has signed a A$340 million ($221 million) deal to provide comprehensive support and maintenance for the Australian Army’s recently acquired UH-60M Black Hawk helicopters, with more than 200 new maintenance jobs aircraft, logistics and technical roles were provided at Holsworthy, Oakey and Brisbane.
According to GlobalData’s “The Global Military Rotorcraft Market 2023-2033According to the report, Lockheed Martin Corp is expected to hold the fourth-highest revenue share in the Asia-Pacific market at $8.7 billion during the forecast period, driven by the Royal Navy’s procurement of UH-60M Black Hawk and MH-60R of Australia.
Australia’s UH-60M Black Hawk procurement replaces its aging fleet of MRH-90 Taipan helicopters. Australia plans to buy 40 transport and utility helicopters for $5 billion between 2022 and 2033 from Sikorsky Aircraft Corp, a Lockheed Martin company.
Get access to the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain a competitive edge.
Company Profile – free sample
Your download email will arrive shortly
We are confident in the unique quality of our company profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the form below
From GlobalData
In other developments UH-60M Black Hawk from 2024, the Croatian military is to strengthen its fleet with eight additional UH-60M Black Hawks; helicopters, following the introduction of four units several years ago. Approved by the US State Department, the purchase will boost the Balkan nation’s military capabilities and strengthen its ties with NATO.
While Boeing has the ability to maintain the dominant platform, Lockheed Martin emphasizes its long-standing partnership with the Australian Army and its commitment to augmenting Australia’s dominant rotary-wing workforce.
The contracts mark an investment in Australia’s defense capabilities. As defense spending continues to grow globally, Australia’s defense industry is benefiting from increased collaboration with international partners, paving the way for technological advances and skills development.
As the two industry players secure contracts, the real winners are the Australian Defense Force and the country’s defense industry, poised to thrive in an increasingly competitive global landscape.
Read the original at Defence247.gr
