Defence Industry Receives Millions in Priority Capability Grants

Department of Defence

Eight cutting-edge small to medium-sized businesses delivering priority capabilities for Defence will be boosted by grants totalling $3.47 million from the Albanese Government.

The Defence Global Competitiveness and Sovereign Industrial Capability Priority grant programs have helped Australian businesses boost manufacturing, harness their expertise and increase jobs.

In total, 239 grants worth more than $104 million have been awarded to Australian businesses through both programs.

In recent rounds, businesses have been awarded grants to produce a diverse range of components for use by Defence. These uses include hybrid rocket motors, explosive ordnance, self-propelled artillery vehicles, radar and surveillance systems, communication systems, anti-drone technologies, robotics and submarines.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.