Lockheed Martin [LMT] on Sept. 29 said it is investing $8 million to establish an information communications technology (ICT) in Australia for the Asia-Pacific region.
The company said the new facility near Melbourne will accommodate 190 staff, including at least 150 new personnel, which will more than double its workforce in the city. Lockheed Martin said the facility will focus on expanding local skills in cyber security, data management, applications development and larger scale ICT services.
The announcement of the new ICT hub follows a win by Lockheed Martin earlier in September of an $800 million contract from the Australian Department of Defence for an information technology data consolidation project. The Victorian state government in Australia is providing a financial support package for the new ICT hub, Lockheed Martin said.
“Victoria was selected to establish the new Asia Pacific ICT engineering hub based on the state’s availability of highly skilled graduates, outstanding ICT education institutions and the support provided by the state government,” Raydon Gates, chief executive of Lockheed Martin Australia and New Zealand, said in a statement. “This investment in Victoria will not only extend the skill base of our Australian cyber center, but will also act as a hub to generate activity and engagement with small-to-medium sized companies, thus further expanding Lockheed Martin’s Global Supply Chain initiatives which have already generated multiple Australian export success stories.”
The Asia Pacific ICT hub will be operated by Lockheed Martin’s Information Systems and Global Solutions business.