A Tasmanian company considered a world leader in the production of engines for unmanned aerial vehicles has received a $150,000 grant from the Morrison Government.
Minister for Defence Industry Melissa Price today announced Tasmanian business Currawong Engineering is the latest recipient of a Defence Global Competitiveness Grant.
The export grant is a further investment by the Government in Australia’s defence industry to help small businesses pursue opportunities in global markets and boost their export capability.
“The Defence Global Competitiveness Grant program is a key element of the Morrison Government’s program to grow exports, delivering a robust sovereign Australian defence industry,” Minister Price said.
“Currawong Engineering will use its grant to purchase specialist plant equipment to increase electronics production capability for parts used in unmanned aerial vehicles.
“Currawong Engineering is a great example of the capability that Tasmania’s defence industry has to offer.”
Assistant Minister Jonno Duniam said Currowong Engineering is a trusted supplier in the defence and security market.
“The grant will assist Currawong to increase production and deliver capability with shorter lead times, boosting its export opportunities into North America,” Assistant Minister Duniam said.
“Currawong has established itself as a world-leader in engines for UAVs, and I’m proud to be backing this innovative, Tasmanian business.”
Defence Global Competitiveness Grants are available to Australian small-to-medium enterprises who are seeking international accreditations, procuring capital items and more.
Applications for the program can be made at any time through: www.business.gov.au/dgc.