Australia stands to lose $2bn in contacts because the Australian Government and local defence firms are reluctant to supply components for the F-35 programme.

According to Adelaide Now, the reluctance arises out of the Australian Government’s refusal to assist companies seeking to join the joint strike fighter (JSF) global supply chain.

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The JSF programme will be funded by the US Air Force and eight US allies who intend to purchase more than 3,000 fighter jets.

Australia plans to purchase about 100 F-35s.

The prime contractor Lockheed wants Australian firms to produce components and materials for the fighter.

The estimated value of the programme’s support contracts is up to $9bn, the website says.

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