Seven companies have been awarded grants totalling $3.8 under the federal Defence Global Competitiveness and Sovereign Industrial Capability Priority programs.
“These grant programs support Australian businesses to continue world-class manufacturing, serving Australia’s Defence needs, and providing the boost that’s needed to turn their cutting edge capabilities into successful defence exports,” said defence industry minister Pat Conroy on Friday.
The Defence Global Competitiveness program offers grants of between $15,000 and $150,000 to assist eligible, export-oriented projects.
The Sovereign Industrial Capability Priority program offers between $50,000 and $1 million to eligible businesses with project “building capabilities aligned with Defence’s Sovereign Industrial Capability Priorities.”
Each program covers up to half of project costs
A list of the grant recipients from Defence’s website is reproduced below.
Picture: Digital fibre optic gyroscope (credit Advanced Navigation)
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