|V-22 Osprey (Wiki Info - Image: Wiki Commons)|
Agreement marks success of efforts to match global manufacturers’ needs with in-country capabilities
Sydney, May 16, 2013 - Boeing [NYSE: BA] has reinforced its commitment to Australian industry by awarding Lovitt Technologies Australia a new contract to supply subassemblies for the Bell Boeing V-22 Osprey tiltrotor aircraft.
Boeing has issued contracts totaling more than US$285 million to highly skilled Australian companies over the past five years through the Boeing Office of Australian Industry Capability (OAIC).
“Boeing is part of the fabric of the Australian defence and aerospace industry,” said Ian Thomas, president of Boeing Australia & South Pacific. “We’ve been building aircraft components in Australia, and working with local industry partners, for more than 85 years. This contract continues that heritage into the future.”
Lovitt, based in Melbourne, has been manufacturing subassemblies and other parts for the V-22 since 2012.
"This new contract is evidence that we have successfully demonstrated our capabilities to the V-22 program,” said Marcus Ramsey, managing director of Lovitt Technologies. “Through our partnership with the Global Supply Chain Program and Boeing, we are seeing more opportunities and winning more work."
The Australian government-funded OAIC partners with the Defence Materiel Organisation through the Global Supply Chain Program to match the needs of Boeing and its key suppliers with the capabilities of Australian industry. The OAIC mentors and trains small-to medium-sized Australian enterprises in areas including Lean manufacturing, quality management systems, and specialised manufacturing and machining skills, as well as business management.
Lovitt Technologies Australia is a provider of precision-machined components, parts and assemblies to customer design and specifications, particularly within the aerospace and defence industries.