Minister for Defence Materiel and Science Greg Combet congratulated the Raytheon [RTN] Industry Development Unit (IDU) on its achievements as a signatory to an Australian Global Supply Chain Deed with the Defence Materiel Organisation (DMO).
The Raytheon IDU is a DMO funded initiative to secure access for Australian industry in global defence supply chains.
Since its creation in July 2009, the Raytheon IDU has ensured 12 contracts for Australian companies with Raytheon’s U.S. based businesses worth over $50 million.
“This achievement means that Australian companies are now well integrated into Raytheon’s global supply chain,” Combet said.
“Brisbane based company Micreo Ltd has achieved an important milestone in the production of radio frequency modules used in the production of the Raytheon ALR-67(V)3 radar warning receiver, an innovative capability implemented in Australia’s F/A-18 Hornets and the new Super Hornets,” Combet said.