The federal government today announced more than $1.2 million in Defence Global Competitiveness grant funding to boost the export capability of six Australian small businesses.
Perth’s Orbital Corporation received $195,624 to expand its production capability for engines and flight componentry for tactical unmanned aerial vehicles.
Brisbane-based Gaardtech will use its grant of $166,000 to buy new equipment and increase fabrication capabilities.
Victorian business, Trakka Corp receives a $193,192 grant to acquire specialist equipment to perform in-house environmental stress screening for components.
JTM Gaskets in South Australia received $211,260 to buy new equipment to expand production.
Repetition Engineering (trading as Challenge Engineering) in New South Wales will use its $240,000 grant to purchase specialist machinery and manufacture new machined components (pictured) for export.
Also in South Australia, Electro Cad Australia will use its grant of $240,000 to install a dedicated clean room, and buy new equipment to manufacture complex defence components.
Minister for defence industry Melissa Price said the increasing overseas demand these Australian small businesses are experiencing is a testament to their ingenuity and capability.
“By supporting these companies to invest in new equipment or to increase their manufacturing capabilities, it is enabling them to increase their production capabilities and offer more competitive priced equipment internationally.”
Picture: Challenge Engineering
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