Christopher Pyne believes Lockheed Martin Australia has “cemented its ongoing commitment to Australia’s defence industry” after the opening of its new Australia and New Zealand headquarters in Canberra.
“Lockheed Martin Australia is playing a significant role in delivering the Turnbull Government’s agenda,” the Defence Industry minister said, “employing 860 people nationally, as well as contributing to a range of defence capabilities including the F-35 Joint Strike Fighter, and the Future Submarine Program.
“Notably, in January I announced this workforce would grow by 200 after Lockheed Martin Australia signed a Design, Build and Integration Contract worth around $700 million for the Future Submarine Program Combat System.
“Over the next decade, the Australian Government will invest a historic $200 billion in Defence capabilities, creating unprecedented opportunities for our local defence industry,”
The Lockheed Martin Australia House will compliment its position as a global supply partner to Australia, providing international defence export opportunities for small and medium sized companies.
“Last year, I was pleased to announce a three-year global supply chain agreement with Lockheed Martin,” Pyne continued.
“The Defence Export Strategy builds on this, with $3.2 million committed per annum until 2028 to sustain and expand the Global Supply Chain Program.”
Situated on the edge of Canberra’s Parliamentary Triangle, Lockheed Martin Australia House is home to Lockheed Martin’s local corporate and business development functions, and represents a further $12 million investment in Australia.
The new facility also houses the state-of-the-art Lockheed Martin Endeavour Centre – a purpose-built facility designed specifically to enhance opportunities for exploration and innovation with key partners.
Lockheed Martin’s Australian operations consist of more than 900 employees across every mainland state and territory, while the company’s programs support a further 3,200 Australian jobs predominantly in advanced manufacturing and high technology industries.
“For more than 70 years, Lockheed Martin has invested in Australia, building long-term capability through our defence, innovation, space and technology programs,” said Rick Edwards, executive vice president of Lockheed Martin International.
“This building is symbolic of our continued commitment and enduring aspiration to be Australia’s partner of choice for defence, aerospace, sustainment and technology solutions, as well as a valued and contributing member of the broader Australian community.”