Minister for Defence Industry Melissa Price has joined Senator David Van to announce a $2 million investment into cutting-edge technologies developed by DefendTex.
The $2 million contract through the Defence Innovation Hub will help DefendTex develop rocket propelled grenade technology for the ADF.
“Small business is the backbone of the Australian economy and the Defence Innovation Hub is just one avenue for these businesses to succeed in our defence industry," Minister Price said.
Senator Van said DefendTex represented another outstanding success for a Victorian defence business, and highlighted the developing strength of Australia’s sovereign capabilty.
“DefendTex is an excellent example of how Victorian businesses are able to contribute to the broader research and development picture of our defence industry.”
“I encourage Victorian manufacturers to look at the example set by DefendTex and work with us to support our servicemen and women through their research and development.”
DefendTex is an Australian owned and operated defence technology company based in Melbourne, with offices in Australia, the UK and the US.