Federal government funds local defence manufacturing companies

The federal government has announced in June that it has awarded funding to two local manufacturers for defence systems and their integration.

Minister for Defence Industry, Melissa Price, and Member for Brisbane, Trevor Evans, jointly declared that Brisbane-based firm EPE will improve its radar technology that is used by the Australian defence forces to identify improvised explosive devices (IEDs).

The $300 000 investment is part of the $640 million Defence Innovation Hub, which is awarding investment to local corporations which support the defence industry.

“Our investment in Defence is much more than just spending on big companies. EPE is an Australian SME which is working to protect and save lives on the international stage,” said Price.

“This is just one of many local success stories we are seeing in small and medium sized businesses which are receiving support to grow thousands of local jobs in our economy,” said Evans.

In Adelaide, Price and Minister for Defence, Linda Reynolds, announced that Raytheon Australia will design, manufacture and assemble parts of the National Advanced Surface to Air Missile System (NASAMS).

NASAMS replaces the Australian Army’s current RBS-70 system and is a $1.5 billion acquisition.

It is also understood that 100 jobs will be created across the life of the NASAMS system.

The radar technology that will be used in the short-range ground-based air defence system is also manufactured in Australia, by Canberra-based enterprise CEA Technologies. In addition, the system utilises Australian designed and built vehicles.

“I’m delighted that Australia’s most innovative technologies will be used as an integral part of one of the world’s best short-range ground-based air defence systems under Land 19 Phase 7B,” said Price.