Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Local companies to partner Boeing in Orion upgrade

Local companies to partner Boeing in Orion upgrade

New Zealand defence industry suppliers will support international contractor Boeing to upgrade systems on the Royal New Zealand Air Force’s six Orion aircraft. Beca, Marops and Safe Air will support the upgraded Underwater, Intelligence, Surveillance and Reconnaissance capability through its lifetime, with contracts worth $9 million.

The Chair of the New Zealand Defence Industry Association (NZDIA) Bernie Diver says the partnership is a win for all involved.

“By appointing New Zealand companies to support international contractors, the Government has achieved value for money and created sound partner relationships. It’s also generated additional revenue for New Zealand defence suppliers, which secures jobs and is a boost for the regional economies.”

Mr Diver says NZDIA has been working with both the Ministry of Defence and the New Zealand Defence Force to support this partnership approach.

“In doing so, we’ve been able to increase the contribution the defence industry makes back to our economy. These contracts are in addition to the existing $125 million in wages paid to around 2500 people employed in the defence sector.”

The $36 million Orion aircraft upgrade improves on their current underwater surveillance ability, and is important to New Zealand and its trading partners because the ability to detect and monitor submarines protects New Zealand’s maritime economic zone.

The contracts were announced yesterday by Defence Minister Gerry Brownlee, and are the most recent investment signalled in the 2016 Defence White paper. The paper outlined the Government’s plans to upgrade the capability of the New Zealand Defence Force to enable future operations.

Earlier this month a spend of $1.7 billion was confirmed to upgrade Defence buildings, infrastructure and facilities across New Zealand over the next 15 years. NZDIA is now working with members and the construction industry to support bids for the work.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Maritime Union: Deepening Supply Chain Crisis Requires Action

Maritime Union of New Zealand National Secretary Craig Harrison says the global COVID-19 pandemic exposed pre-existing weaknesses in our logistics sector, and created enormous problems... More>>

Air New Zealand: Employees Recognised With $1,000 Share Award

The efforts Air New Zealand employees made during one of the airline’s toughest years will be recognised via an award of $1,000 worth of company shares to all permanent employees... More>>

Consumer NZ: Bank Complaints On The Rise, Survey Shows

Nearly one in five Kiwis had a problem with their bank in the past year, Consumer NZ’s latest satisfaction survey finds. Consumer NZ chief executive Jon Duffy said the number of bank customers reporting problems had jumped to 18%, up from 11% in 2020... More>>

Mercury: Enters Into Binding Agreements To Acquire Trustpower’s Retail Business

Mercury NZ Limited (Mercury) has announced that it has entered into binding agreements with Trustpower Limited (Trustpower, NZX:TPW) to acquire Trustpower’s retail business for NZ$441 million... More>>


ASB: New Zealanders Missing Out On Hundreds Of Millions In KiwiSaver Government Contributions

New Zealanders have just over a week to ensure they’re eligible for the maximum annual government KiwiSaver contribution... More>>

Stats NZ: GDP Climbs 1.6 Percent In March 2021 Quarter Following December Dip

Gross domestic product (GDP) rose by 1.6 percent in the March 2021 quarter, following a 1.0 percent fall in the December 2020 quarter, Stats NZ said today. "After an easing of economic activity in the December quarter, we’ve seen broad-based growth in the first quarter of 2021... More>>