Grants to strengthen South Australia’s role in defence manufacturing
Ten South Australian companies will share in more than $2.78 million through the first round of the Australian Government’s Defence Industry Development Grants. Designed to assist small to medium enterprises build the nation’s sovereign capability, the grants focus on export, skilling, security, and sovereign industrial priorities. Recipients are using the funding to strengthen security postures, acquire advanced manufacturing equipment and upskill employees. The South Australian recipients are: Axiom Precision Manufacturing will receive $1 million to acquire a hydroform press to manufacture complex sheet metal components used across naval shipbuilding, guided weapons and aircraft. Mincham Aviation will receive $891,621 to acquire ...