According to The Australian Financial Review today, Boeing International president Marc Allen has said Australia's ongoing innovations have set the standard for the rest of the world, including the US.
In Australia – Boeing's largest footprint outside the US, with $1 billion in annual turnover and more than 3000 employees – the company has co-located its research arm at its manufacturing sites to create an environment where it is easy to make incremental improvements to the production process. The aerospace giant also has a deep partnership with the Commonwealth Scientific and Industrial Research Organisation (CSIRO), the Defence Science and Technology Organisation (DSTO) and Australian universities.
Mr Allen said Boeing had been able to thrive under the current policy settings in Australia, but would continue to press its case with the government for even more support for research and development.
"We think when there is a focus on applied technology – moving technology from advanced research to applications – that there is an incredible beneficial result for both company and country," he said. "The ease of doing business is fabulous but it can always be improved. But fundamentally it is about the commitment by the government to help us to build and improve the ecosystem we are looking for."
Boeing and CSIRO have jointly invested $120 million in various projects, with one recent success being the development of a lighter top coat for the paint on aircraft.
Mr Allen said Boeing remained open to expanding its Australian manufacturing and was focused in general on opportunities outside the US, given the majority of its aircraft were now sold outside its home market. "
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