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Defence Industry Minister Pat Conroy made the announcement on Wednesday at AVALON, which the government said would generate millions of dollars for Australian businesses.
The business said STRIX could be used for a variety of missions, including air-to-ground strike against hostile targets or surveillance.
The airline said the overall deficit included the $23 million impact of 737-backers PAG converting their investment into equity in the company.
An ATSB investigation into the incident, which took place at Coonabarabran in NSW last year, concluded the move was “intentional” despite the pilot not having the correct licence to fly so low.
The single and double-seat variant fighter was displayed beside a KAI Light Armed Helicopter and a FA-50 light combat jet at the event on 28 February.
A restructure of top positions means Cameron Wallace will in July be appointed as the new head of the Flying Kangaroo’s international operation, with current executive Andrew David departing later this year.
PROFILES
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Raising the Bar in Commercial Laundry: How Rinse & Repeat Is Redefining Service for Aviation
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
UPRT Australia- Transforming Aviation’s Greatest Risk into Its Greatest Asset
