RUAG Australia has secured a $150,000 grant from Defence to boost its export capability for a global market.
The Melbourne-based company, which makes key parts for the F-35 Joint Strike Fighter jet, will use the Defence Global Competitiveness Grant to digitise manufacturing planning and scheduling functions, expanding its capacity to export aerospace components.
Minister for Defence Industry Melissa Price said RUAG Australia was ‘one of the latest’ grant recipients from a program designed to build a stronger and globally competitive Australian defence industry.
“Over 26 Australian small businesses have benefited from an investment worth over $3.4 million through this grants program so far,” the Minister said.
Federal Member for Aston Alan Tudge added:
“RUAG is just another example of the amazing manufacturers that we have here in Knox.”
“We are working to help RUAG Australia achieve further success as a supplier of key components for the F-35 Joint Strike Fighter.”
“RUAG Australia is an international success story. They are delivering both jobs and advanced manufacturing to service a global market,” said Mr. Tudge.