"In a deal that is potentially worth hundreds of millions of dollars, Ferra has been selected as the primary source to manufacture and assemble additional weapon adaptor assembly components for the JSF," Greg Combet, Minister for Defence Personnel, Materiel and Science, said.
Ferra has been manufacturing JSF weapon adaptor assemblies for the past four years.
These allow the aircraft to carry different ordnance for different missions.
The adaptors were used in the System Development & Demonstration and initial Low Rate Initial Production phases of the JSF Program.
Ferra, a small privately owned company of around 100 people, is one of Australia's leading manufacturers of light metal components for the defence/aerospace, telecommunications/electronics and automotive industry sectors.
"With Defence support, Ferra is also working with Lockheed Martin for the development of new manufacturing techniques to reduce the costs of machining titanium for the JSF and other aerospace programs," Combet said.