XTEK awarded $0.8 million in grants to update CNC centre and forming press
XTEK has been awarded two grants from the Department of Defence, totalling $0.8 million. The ASX-listed defence contractor announced on Tuesday that the grants were through the Defence Global Competitiveness programs and Sovereign Industrial Capability Priority program and valued at $164,268.50 and $658,209.20 respectively. The DGC-backed project covers investment in a new “CNC Virtual Machining…
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