High-tech radar and communications specialist CEA Technologies has signed the first contract under the Defence Export Facility.
According to the release, it will help create 200 jobs through a new engineering and manufacturing facility for Canberra-based CEA.
“This loan will ensure CEA has access to the necessary capital, which will allow them to meet the demands of multiple customers and grow their business through research and development at the same time,”
said trade minister Simon Birmingham.
CEA’s phased array radars are used on the ANZAC Class frigates, and will be used on the upcoming Hunter Class frigates, for which prototyping will start next year.
Picture: Defence/CEAFAR radar aboard HMAS Perth
Subscribe to our free @AuManufacturing newsletter here.