The in-country facility, situated within the city’s airport precinct, will be one of only two in the world capable of producing Naval Strike Missiles (NSM) and Joint Strike Missiles (JSM).
In what will be Greg Foran’s last full year as CEO, the Kiwi flag carrier posted a net profit after taxation of NZ$126 million (around AU$113 million), down on the previous year, off the back of NZ$189 million in pre-tax earnings.