Australian businesses building the sovereign defence industry
Australian companies are continuing to grow their sovereign capability with almost $50 million provided by the Morrison Government.
Minister for Defence Industry Melissa Price announced more than $7 million to support seven Australian businesses through the Sovereign Industrial Capability Priority grants (SICP).
They are the latest of almost 90 Australian small-to-medium businesses that benefit from the SICP Grants Program since November 2018.
“The range of capabilities being developed by these latest grant recipients is a vital investment in our sovereign industrial base. 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 for Defence Industry Melissa Price said.
The strengthening of manufacturing capabilities is significant in the latest round of grants. Australia’s sovereign industrial capacity is being built to support the ADF on a sustainable basis.
“I wanted to see Australian small businesses thrive. 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,” Minister Price said.
The Sovereign Industrial Capability Priority Grants announced the following companies that will receive the financial support:
|Company||Grant Amount||Grant Funding Purpose||State|
|Consunet||$421,406||Design, construction, accreditation and certification of a multi-zoned facility to enable delivery, support and sustainment of sovereign projects.||SA|
|Mincham Aviation||$1,056,374||Enhancement of ability to develop, manufacture and repair a range of aerospace and defence equipment, including aerial delivery systems, UAVs and naval components.||SA|
|Cryoclock||$599,712||Improving the ability to build high-performance clocks and oscillators to provide a strategically critical technical function for Defence capability.||SA|
|Craig International Ballistics||$1,203,001||Investment in acquisition, installation and commissioning of autoclave technology for ballistic protection product manufacturing.||QLD|
|Century Products (S.A.)||$1,197,242||Development of a production-scale CNC line with complex milling and turning functionality for supply onto a number of land, sea and air programs.||SA|
|Alfatron||$1,390,658||Establishment of a Printed Circuit Board Fabrication Line to support the sovereign manufacture of electronic technology.||SA|
|Bambach Wires & Cables||$1,217,020||Enhancement of 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.||VIC|