MEDIA RELEASE

FOR IMMEDIATE RELEASE
22 January 2025

Canberra:

Three AIDN member companies have hosted Minister for Defence Industry and Capability Delivery, Pat Conroy at facilities in Adelaide as the Albanese government unveils an extra $262 million in funding for defence industry investment programs.

As part of an effort to encourage more SME’s to get involved in the defence sector Minister Conroy toured cutting edge ASX-listed global X-ray technology systems developer Micro-X and leading industrial automation and control systems integrator Sage Group at Tonsley Innovation Hub.

ASX-listed global communications and technology solutions company Codan also hosted a ministerial visit at Mawson Lakes for the launch of a new drone radio production line.

Minister Conroy earlier announced that a further $262 million would be invested to encourage Australian companies through the Defence Industry Development Grants program, the Global Supply Chain program and the Defence Industry Vendor Qualification program.

“AIDN welcomes the extra funding for Australian industry and will continue to work with government on investment programs to ensure they are a suitable fit for members,’’ AIDN CEO Mike Johnson said.

“Australia’s industrial priorities can only be achieved if the procurement framework guarantees genuinely local, Australian-owned small and medium-sized businesses are truly thriving, by obtaining substantial work opportunities,’’ he added.

ENDS

MEDIA CONTACT

John Kerin, Manager Government Relations, Australian Industry & Defence Network.
M: 0400 906 545

ABOUT AIDN

Established in 1995, the Australian Industry & Defence Network Limited (AIDN) is the peak industry association representing small-to-medium enterprises (SMEs) supporting the Australian Defence Force (ADF) and the Department of Defence (DoD).

AIDN proudly represents nearly 1,000 Australian SMEs, collectively employing approximately 61,000 Australians nationwide. In the 2021-22 financial year, these dedicated businesses contributed $10.6 billion to the national economy through sovereign supply chains, advanced manufacturing, research and innovation, skills development, and regional and veteran employment.

In an environment of economic and geopolitical uncertainty, AIDN’s agile membership is well-positioned to support the Australian Government’s urgent capability needs. However, clear guidance on specific priorities is essential to unlock the full potential of Australia’s Defence industry.

Through advocacy, representation, and tailored member services, AIDN champions the interests of Australian SMEs within the Defence and national security sectors. AIDN remains committed to partnering with the Australian Government to build a resilient and self-reliant Defence industrial base, driven by the evolving operational needs of the ADF.

The Australian Industry & Defence Network Incorporated (AIDN) is the peak industry association for small-to-medium enterprises (SMEs) who support the Australian Defence Force (ADF) and the Department of Defence (DoD).