Powered by MOMENTUM MEDIA

Website Notifications

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

SMEs secure new tranche of Defence grants

Seven small businesses in three states have secured Defence grants as part of the federal government’s efforts to bolster sovereign industrial capability.

Seven small businesses in three states have secured Defence grants as part of the federal government’s efforts to bolster sovereign industrial capability.

Grants totalling $7 million have been issued to businesses across South Australia, Queensland, and Victoria under the Commonwealth government’s Sovereign Industrial Capability Program (SICP).  

The latest recipients include: 

  • Alfatron (SA), which has secured almost $1.4 million to establish a Printed Circuit Board Fabrication Line to support the sovereign manufacture of electronic technology;
  • Bambach Wires & Cables (Victoria), which has secured over $1.2 million to enhance existing manufacturing capability to enable the manufacture of small, medium and large diameter low voltage silicone copper cables essential for use in submarine and shipbuilding;
  • Craig International Ballistics (Queensland), which has secured over $1.2 million to invest in acquisition, installation and commissioning of autoclave technology for ballistic protection product manufacturing;
  • Century Products (SA), which has secured almost $1.2 million to develop a production scale CNC line with complex milling and turning functionality for supply onto a number of land, sea and air programs.
  • Mincham Aviation (SA), which has secured over $1 million to develop, manufacture and repair a range of aerospace and defence equipment, including aerial delivery systems, UAVs and naval components’
  • Cryoclock (SA), which has secured just under $600,000 to build high-performance clocks and oscillators to provide a strategically critical technical function for Defence capability; and
  • Consunet (SA), which has secured over $400,000 for the design, construction, accreditation and certification of multi-zoned facility to enable delivery, support and sustainment of sovereign projects.

These are the latest of almost 90 Australian SMEs to secure grants under the SICP, which has issued approximately $47 million since November 2018.

“The range of capabilities being developed by these latest grant recipients is a vital investment in our sovereign industrial base,” Minister for Defence Industry Melissa Price said.

“Their dedication and foresight is enabling the Australian Defence Force to maintain a leading edge and increase its self-reliance in an increasingly congested strategic environment.”

Minister Price concluded: “The SICP grants enable businesses to grow and encourage them to become involved and partners in our commitment to develop a strong, sustainable and secure Australian defence industry,”

[Related: Defence issues latest round of SICP grants]

SMEs secure new tranche of Defence grants
welding.jpg
lawyersweekly logo

more from defence connect

Defence holds firm on AIC targets
May 14 2021
‘No easy ride for primes’: Defence holds firm on AIC targets
The Commonwealth government “won’t be afraid to use a big stick” if defence primes do not meet their AIC obligations, Minist...
May 14 2021
Will Australia’s Afghanistan withdrawal rekindle the terror threat?
Will the withdrawal of a Western military presence in Afghanistan breathe new life into wounded Islamic terrorist groups like al-Q...
May 14 2021
EPE, Peraton partner to enhance UGV capability
The firms have agreed to collaborate to develop next-generation unmanned ground vehicle capability in Australia and New Zealand. ...