Perth-based manufacturer Orbital has established a purpose-built facility in the US to support the company’s unmanned aerial vehicle (UAV) operations.
Engine assembly and overhauls for the company’s UAVs are scheduled to start in the first half of next year at the plant, based in Oregon.
Orbital has a five-year lease with an option to extend for two further terms of five years each.
Operation costs will be offset by revenue created by engine overhaul, Australian operating efficiencies and near-term business development opportunities.
“Securing this priority location for our business marks a significant milestone for the company and underpins Orbital’s UAV vision and US market growth strategy,” said Orbital’s managing director and CEO Todd Alder.
“We have been looking for the right property for Orbital’s needs for some time. Securing an exclusive long-term lease over a new purpose-built facility in such a highly sought after location is a fabulous outcome.
“Leasing the facility represents a significant capital saving for Orbital and provides flexibility which matches our growth ambitions.”