Defence goes digital to connect with industry

The Department of Defence has launched a Defence Digital Engineering Strategy to transform how it works with businesses and speed up capability acquisition and address operational gaps. The strategy is a key outcome of the Defence Industry Development Strategy and 2024 National Defence Strategy, which identified the need for Defence to accelerate digital technologies. According…

DroneShield hits back at critics, raises $120 million

Drone Detection and countermeasure manufacturer DroneShield (DRO) has replied to its critics emphatically with the successful completion of its approximately $120 million fully underwritten placement at a price of $1.15 per New Share. DroneShield shares have come under pressure with the latest raising, and a placement that raised $75 million in April, confirming strong institutional…

Defence industry STEM skills boosted in SA and WA

The federal government has entered into a $5.1 million Federation Funding Agreement with South Australia and Western Australia to deliver a new programme to give students defence industry experience. The governments will deliver the Schools Pathways Program (SPP), part of the Australian Government’s Defence Industry Development Strategy. The SPP will help to promote Science, Technology,…

Hendon Semiconductors grant for defence microelectronics

Microelectronics manufacturer Hendon Semiconductors (HSC) has been awarded a grant through the South Australian government’s $122 million Economic Recovery Fund. The specialist electronic design and subassembly manufacturing company was awarded $605,561 through the fund to be matched by HSC, bringing the total investment to $1,227,522. The funds will be used to upgrade facilities and equipment…