Ferra scoops up Boeing project
Queensland based Ferra Engineering has secured a $60 million export contract with aerospace and defence giant Boeing.
Speaking at Ferra’s manufacturing headquarters at Tingalpa today, Premier Campbell Newman praised the high-technology manufacturer for its continued international success.
“This Queensland aerospace company began as a two-man operation in 1992 and has grown to become a great Australian success story with more than 130 employees,” Mr Newman said.
“I congratulate Ferra Engineering on being awarded the contract to manufacture its Joint Direct Attack Munitions Systems (JDAM) for Boeing.
“The contract is expected to generate in excess of $60 million in export sales.”
Treasurer and Minister for Trade Tim Nicholls said the deal was made off the back of alliances formed during overseas government-led trade missions.
“In 2010, Ferra joined Trade and Investment Queensland (TIQ) on its first overseas aviation and defence mission to Europe and attended the popular French aviation forum, the Paris Airshow in 2011,” Mr Nicholls said.