• The Access Economics report says the Tiger Helicopter program will contribute $1.18 billion to the Australian economy through local content over the next 30 years.
    The Access Economics report says the Tiger Helicopter program will contribute $1.18 billion to the Australian economy through local content over the next 30 years.
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Australia's GDP will increase by about $661 million from 2011 to 2024 if the NH90 NFH is selected by the country's military, according to a report from economic consulting firm Access Economics.

The consultancy was commissioned by Australian Aerospace, which will build the helicopter at its Brisbane Airport facility if it wins a competition against the Lockheed Martin/Sikorsky MH-60R for the Australian Navy requirement to replace its Sikorsky S-70B Seahawks and the anti-surface shipping capability meant for the now cancelled Kaman SH-2G(A) Super Seasprite.

The economic data was released last week during a press briefing in Canberra by the chief executive of Australian Aerospace, Dr Jens Goennemann.

He also said the assembly of the helicopter in Australia would create 750 jobs, many highly skilled.

The Tiger Armed Reconnaissance Helicopter and the MRH90, both of which are now being assembled in Brisbane, generated a direct economic contribution of around $89 million in 2009, and between 2002 and 2009 a total of $824 million, to Australia's GDP.

The report also said the Tiger program would contribute $1.18 billion to the Australian economy through local content over the next 30 years.

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