Tag: defence sector
2024-25 Budget delivers record funding boost in Australia’s defence sector
The Australian Government is making an investment in the nation’s manufacturing capabilities as part of the 2024 National Defence Strategy, committing $50.3 billion over the next decade to enhance defence industry capability, as revealed in the recently released federal budget.
Advanced manufacturer PFG secures $600,000 loan to build prototype vessel for Defence
Advanced manufacturer PFG has secured a $600,000 loan from the Tasmanian Government to construct an 11-metre ultra-durable High-Density Polyethylene prototype vessel for the Department...
Government announces changes to three defence industry grant programs
The Federal Government has announces changes to the co-contribution ratios from the existing 50:50 ratio in three existing defence industry grant programs to make...
Government announces additional funding boost for Australian defence industry
The Federal Government has announced a further $24 million in defence industry grants for small businesses as part of its efforts to build a...
Australia sets sights on becoming global arms exporter within ten years
Australia has unveiled plans to become one of the top ten global defence exporters within the next decade and unlock more jobs and investment...
SA-based advanced manufacturing company signs MoU with German naval powerhouse
South Australia's REDARC Electronics has extended its involvement in the defence sector with a view to securing work on future Australian naval projects.
The company...
Techstars opens defence and security startup accelerator in Adelaide
Colorado-based startup accelerator Techstars has increases its global footprint with the opening of its first Asia-pacific accelerator in Adelaide, the state capital of South...
Commerce Minister Michael Mischin: WA ready to take active role in naval defence program
Defence Minister Marise Payne has met with the Western Australian Defence Industry Council at the Chamber of Commerce and Industry of WA to discuss...
Austal announces management changes
Austal’s Andrew Bellamy will step down from his roles as Managing Director and CEO of the global ship contractor after five years of service,...
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
