Australian companies are continuing to grow their sovereign capability with almost $50 million provided in support from the Morrison Government.
Minister for Defence Industry Melissa Price today announced more than $7 million in support to seven Australian businesses through the Sovereign Industrial Capability Priority grants (SICP).
They are the latest of almost 90 Australian small and medium businesses to benefit from the SICP Grants Program to a combined value of $47 million since November 2018.
“The range of capabilities being developed by these latest grant recipients is a vital investment in our sovereign industrial base,” Minister Price said.
“Their dedication and foresight is enabling the Australian Defence Force to maintain a leading edge and increase its self-reliance in an increasingly congested strategic environment.”
The strengthening of manufacturing capabilities is significant in this latest round of grants, which is helping build, on a sustainable basis, Australia’s sovereign industrial capacity to support the ADF.
Minister Price said she wanted to see Australian small businesses thrive.
“The SICP grants enable businesses to grow and encourage them to become involved and partners in our commitment to develop a strong, sustainable and secure Australian defence industry,” Minister Price said.
The Sovereign Industrial Capability Priority Grants announced today:
Grant Funding Purpose
Design, construction, accreditation and certification of multi-zoned facility to enable delivery, support and sustainment of sovereign projects.
Enhancement of ability to develop, manufacture and repair a range of aerospace and defence equipment, including aerial delivery systems, UAVs and naval components.
Improving ability to build high-performance clocks and oscillators to provide a strategically critical technical function for Defence capability.
Craig International Ballistics
Investment in acquisition, installation and commissioning of autoclave technology for ballistic protection product manufacturing.
Century Products (S.A.)
Development of a production scale CNC line with complex milling and turning functionality for supply onto a number of land, sea and air programs.
Establishment of a Printed Circuit Board Fabrication Line to support the sovereign manufacture of electronic technology.
Bambach Wires & Cables
Enhancement of existing manufacturing capability to enable the manufacture of small, medium and large diameter low voltage silicone copper cables essential for use in submarine and shipbuilding.
Grant applications can be made at any time and submitted through the Centre for Defence Industry Capability at: https://www.business.gov.au/Grants-and-Programs/Sovereign-Industrial-Capability-Priority-Grants.