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3 November 2023
Ten Australian manufacturing businesses will share more than $3.6 million to develop cutting-edge defence capabilities and boost exports in the latest round of Defence grants.
The payments include more than $800,000 to a New South Wales company producing hard armour for military personnel, $585,000 to a South Australian manufacturer to develop a large-scale environmental test chamber and more than $290,000 to a Victorian business to manufacture air brake fittings for Defence vehicles.
More than 220 Australian businesses have already benefitted from almost $97 million awarded through the grant programs.
The Defence Global Competitiveness and Sovereign Industrial Capability Priority programs provide 50 per cent matching grants so Australian companies can boost manufacturing, harness their expertise and increase jobs.
The latest recipients are:
Quotes attributable to First Assistant Secretary Australian Industry Capability, Ms Francesca Rush:
“The Government is committed to supporting our thriving Australian sovereign industry, which is the cornerstone of delivering the national defence priorities outlined in the Defence Strategic Review.
“The Defence Global Competitiveness and Sovereign Industrial Capability Priority grant programs support Australian businesses to continue world-class manufacturing, both for Australia’s defence needs and for export.
“The programs bolster Australian companies’ ability to continue to push the boundaries in developing cutting-edge capabilities, keeping our nation at the forefront of technological advancements.
“They are essential to enabling our defence industry to grow, creating more jobs and opportunities for hardworking Australians, and contributing significantly to our national economy.”
Companies are invited to apply for grants through www.business.gov.au/grants-and-programs.
Potential applicants should access the guidance for applicants before submitting: www.defence.gov.au/business-industry/finding-opportunities/office-defence-industry-support/industry-grants.