Sunday, February 17, 2013

$4 Million Defence Contract Awarded to Lovitt Technologies Australia

(IMP). Minister for Defence Materiel Dr Mike Kelly today congratulated Victorian-based company Lovitt Technologies Australia on the recent award of contracts with Boeing valued at around $4 million for machined parts for the global F/A-18 Super Hornet fleet.

The contract, awarded through the Global Supply Chain Program, is one of a series of successes for Lovitt Technologies.

The company was previously awarded a Super Hornet contract in 2012, along with other contracts to supply machined parts for the V-22 Osprey, CH-47 Chinook and P-8 Poseidon.

I congratulate Lovitt Technologies on its recent success in this challenging and exacting field and thank Boeing’s Office of Australian Industry Capability for its professional commitment to Australia’s defence industry through the Global Supply Chain Program,” Dr Kelly said.

Lovitt has been involved with the Global Supply Chain Program since its establishment in 2009 and is among a growing number of Australian companies that have been successful in penetrating the export market.

“The GSC program continues to provide an avenue for competitive Australian companies seeking to win work with international defence primes,” Dr Kelly said.

“Their success enables them to be more competitive at home and is a key component in maintaining a viable local industry in support of the Australian Defence Force.”

Seven multi-national companies now have active Global Supply Chain Deeds with Defence and over 200 contracts have been awarded to 58 companies. Around 90 per cent of the contracts have been awarded to small to medium enterprises (SMEs).

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