A local defence technology company has secured its second contract via the Defence Innovation Hub, Minister for Defence Industry Melissa Price has revealed.
Canberra-based SME Kord Defence has been awarded a $3.4 million contract through the Defence Innovation Hub.
Kord Defence develops and produces control and shot recording technologies for the military, law enforcement, homeland security and commercial shooting markets.
“The Morrison government is continuing to invest in Australian small businesses, helping them to create new jobs and develop innovative ideas for Defence,” Minister for Defence Industry Melissa Price said.
“It is great to see Kord working to help soldiers more effectively control a wide range of connected electronic devices using Bluetooth technology through the company’s innovative wireless control system.
“This innovation has great potential to make existing systems more soldier-friendly and improve situational awareness for our soldiers deployed in the modern battlefield.”
This marks the second contract awarded to Kord Defence via the Defence Innovation Hub, after it secured a $635,000 deal in 2017.
Kord Defence has also secured contracts to test its technology with the US Marine Corps.
“Kord is a great example of how the Morrison government’s investment in innovation is growing Australian small businesses, as well as helping them showcase their technology in highly competitive global markets, such as in the US,” Minister Price added.
The Defence Innovation Hub has awarded over $270 million in contracts since launching in December 2016, with approximately 84 per cent awarded to Australian SMEs.
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According to Defence, the contracts have generated more than 600 people employed across 150 businesses and 22 universities and research organisations across the country.
News Editor – Defence and Security, Momentum Media
Prior to joining the defence and aerospace team in 2020, Charbel was news editor of The Adviser and Mortgage Business, where he covered developments in the banking and financial services sector for three years. Charbel has a keen interest in geopolitics and international relations, graduating from the University of Notre Dame with a double major in politics and journalism. Charbel has also completed internships with The Australian Department of Communications and the Arts and public relations agency Fifty Acres.