Media Release

The Albanese Government is delivering critical capabilities to Defence with new rounds of grants with a focus on building a sovereign Defence industry, directed towards strategic priorities outlined in the Defence Strategic Review.

Seven Australian businesses have been awarded grants worth a total of $3.8 million under the Defence Global Competitiveness program and the Sovereign Industrial Capability Priority program.

These grants provide up to half the cost of a project to help Australian businesses build capabilities crucial for Defence and to overcome barriers for Defence exports.

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