{"id":73908,"date":"2024-02-06T10:31:22","date_gmt":"2024-02-06T00:01:22","guid":{"rendered":"https:\/\/www.aumanufacturing.com.au\/?p=73908"},"modified":"2024-02-06T10:31:22","modified_gmt":"2024-02-06T00:01:22","slug":"defence-manufacturers-receive-3-4m-in-grants","status":"publish","type":"post","link":"https:\/\/www.aumanufacturing.com.au\/defence-manufacturers-receive-3-4m-in-grants","title":{"rendered":"Defence manufacturers receive $3.4m in grants"},"content":{"rendered":"

The federal government is investing $3.4 million in 10 defence manufacturers in the latest round of the Defence Global Competitiveness and Sovereign Industrial Capability Priority programmes announced today.<\/p>\n

The new grants will provide 50 per cent matching grants to support the delivery of cutting-edge defence capabilities, creating more than 50 jobs and helping to drive exports.<\/p>\n

Grant recipients include a NSW company developing state-of-the-art counter-drone technology, a South Australian producer of composite structures for guided munitions and hypersonic vehicles and a Queensland business that manufactures complex components for use in precision guided munitions and hypersonic vehicles.<\/p>

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The grants add to more than $100 million already awarded to over 230 Australian businesses under the two grant programmes which support the government\u2019s response to the Defence Strategic Review.<\/p>\n

The latest recipients are:<\/p>\n