CSIRO and Boeing ink $35m research deal

CSIRO chief executive Larry Marshall says the $35 million deal will yield 'enormous benefits'.
CSIRO chief executive Larry Marshall says the $35 million deal will yield 'enormous benefits'. Louise Kennerley

CSIRO has signed a $35 million research deal with international aircraft manufacturer Boeing to work on space science, advanced material and manufacturing projects.

The five-year deal, announced on Friday at an American Chamber of Commerce innovation event in Sydney,  represents Boeing's largest research and development operation outside of the United States.

"With almost three decades of ground-breaking research that has created jobs and growth for Australia and the US, it's hard to overstate the impact that our relationship with Boeing has had," CSIRO chief executive Larry Marshall said.

"Adopting a global outlook for national benefit is a key pillar of CSIRO's Strategy 2020, and it's an approach that has yielded enormous benefits through our relationship with Boeing," he said.

Earlier this month, Boeing named CSIRO as a 2016 Supplier of the Year.

CSIRO and Boeing already have a 28-year partnership and have jointly invested more than $120 million on 170 joint projects including research on new manufacturing processes, fire retardants, biofuels and software.

In the past, CSIRO and Boeing have jointly developed "Paintbond", a chemical reactivation process that allows fresh topcoat to bond firmly to the previous layer, removing the need for sanding.

CSIRO said the technology had been applied to more than a thousand Boeing airplanes and saved millions of dollars in maintenance costs.

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