Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Defence Innovation Hub to uncover new technologies

defence hub to uncover new technologies
Defence Hub to uncover new technologies - Commonwealth of Australia

The long-awaited Defence Innovation Hub was today unveiled in Adelaide.

The long-awaited Defence Innovation Hub was today unveiled in Adelaide.

Aimed at supporting innovation and identifying new capabilities from prime defence contractors as well as academia, SMEs and researchers, the hub will invest around $640 million over the coming decade to develop emerging technologies.

Advertisement
Advertisement

According to the Minister of Defence Industry Christopher Pyne, the hub provides an agile and transparent approach to innovation investment, drawing on the introduction of new business practices – including refreshed contracting frameworks and innovative IP policies.

Minister Pyne said the hub is now ready to receive submissions from businesses seeking to work with Defence.

“Defence recognised that great ideas can originate from a wide range of participants, from industry through to academia and researchers,” Minister Pyne said.

SPONSORED CONTENT

 

“The Defence Innovation Hub will provide an equal opportunity for all participants, from small to medium enterprises to prime defence contractors, to put forward their great ideas, make connections and collaborate in the development of innovative technology.”

The Hub is part of the Centre of Defence Industry Capability (CDIC), which is aimed at transforming the Defence and industry relationship plus funding defence industry development.

Housed in Adelaide, CDIC is a key initiative of the 2016 Defence White Paper.

The centre is tasked with bringing together the private sector, Defence and AusIndustry to help deliver cutting-edge capabilities for Australia’s armed forces.

The government has earmarked $230 million for CDIC over the next decade.

Businesses seeking to make a submission can connect with the hub at www.business.gov.au/cdic

Defence Innovation Hub to uncover new technologies
defence-innovation-hub-part-of-cdic-opens.jpg
lawyersweekly logo

more from defence connect

Mar 30 2020
US Marine Corps rebalances force to counter great power competition
US Marine Corps has released the ‘Force Design 2030’ review report outlining a major restructure...
Mar 30 2020
Does COVID-19 provide an opportunity for further geo-strategic disruption?
The advent of COVID-19 has presented a major challenge to the established global economic, political...
Mar 28 2020
BAE secures US$339m US Army armoured vehicle, munitions contract
The US Army has awarded BAE Systems a US$339 million ($556 million) contract modification for the p...
FROM THE WEB
Recommended by Spike Native Network