Tag: Defence industry

Defence overhauls export fund for sovereign capability push

Posted on   |  by David Allen
A new Defence Industry Growth Facility will replace Australia’s underutilised US$3 billion defence export fund, extending financing to sovereign defence capabilities for the first time. Defence Industry minister Pat...

NewsWrap: Defence needs a better Aussie procurement pathway

Posted on   |  by James Riley
Defence Industry minister Pat Conroy does not believe that Australian ownership – and the control that ownership infers – is the most important ingredient for building a sovereign industrial...

WA seeks global partners for defence manufacturing hub

Posted on   |  by David Allen
Western Australia’s government has called for Australian and international companies to help establish a large-scale defence manufacturing hub on the west coast as it pushes ahead with plans to...

Marles sidesteps speculation of AUKUS drone sub deal

Posted on   |  by David Allen
Speculation is mounting that Melbourne-based C2 Robotics could be in line for a role in a new AUKUS underwater drone initiative, with a government announcement expected as soon as...

Quantum sensing innovators win $7.2m in ASCA contracts

Posted on   |  by Justin Hendry
Three local quantum sensing innovators have been tapped by Defence’s advanced technology incubator to develop prototype undersea navigation solutions for warfighters traversing GPS-denied environments. Phasor Innovation, Nomad Atomics and...

Private capital to improve Defence industry outcomes: AIDN

Posted on   |  by David Allen
The government’s move to attract more private capital into Defence spending has the potential drive a major scale-up of Australian military technology, the Australian Industry and Defence Network says,...

Defence boosts space and cyber spend to $38bn

Posted on   |  by Justin Hendry
Defence is set to invest up to $38 billion in space, cyber and electronic warfare over the next decade, as the invisible frontiers of modern conflict demand ever-greater budget...