Xtek to ramp up ballistic armour production

Ballistic armour manufacturer Xtek has secured loan funding to allow the expansion of its ballistic helmet manufacturing facility in Adelaide. The company secured a $2.5 million loan from the Commonwealth Bank which will be used to install commercial scale preform presses needed before the company’s proprietary XTclave composite materials curing and consolidation process. The process…

HMAS Armidale shows extent of SME’s defence involvement

A just-completed maintenance operation on HMAS Armidale (pictured) has illustrated the extent of SME involvement in supporting the Australian defence forces. Defence minister Melissa Price today announced Armidale had undocked in Cairns after undergoing a $5 million servicing and restoration project at the Norship shipyard. More than 200 critical tasks were carried out by Norship…

Small business procurement panel for economic recovery

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says small businesses will play a critical role in the post COVID economic recovery, calling on the federal government to establish a small business procurement panel. The panel, proposed in ASBFEO’s COVID-19 Recovery Plan, would require Government contracts with a value of up to $10…