Government announces ten new Defence Innovation Hub contracts

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Image credit: www.business.gov.au

The Defence Innovation Hub has awarded 10 new contracts worth almost $20 million for Australia’s defence industry, taking the total number of contracts signed by the Hub to over 150.

The largest, a $3.9 million contract, has been awarded to Victoria-based RingIR Pty Ltd to develop portable device capable of promptly identifying dangerous chemicals and explosives.

Another Victoria-based company, Anywise Consulting, has secured a $3.1 million contract to continue to develop an integrated software and device system to monitor the wear and tear of bridges in deployed environments.

NSW’s Marathon Targets has been awarded a $1.6 million contract to continue to develop an unmanned, realistic and self-propelled vehicle target to support Australian Defence Force training.

Marathon Targets, based in Western Australia, has won a $2.7 million contract to develop a networked underwater acoustic sensor.

Defence Industry Minister Melissa Price said the ten new contracts marked a major milestone for the Defence Innovation Hub, taking its investments in innovative Australian defence industry businesses to over $300 million.

“I am particularly delighted to announce a $2.7 million contract with Western Australia’s Mission Systems Australia to further develop a networked underwater acoustic sensor for Navy,” Minister Price said.

“This is the largest Hub contract awarded to a WA company to date.

“The $300 million investment milestone demonstrates the growing success of Australia’s defence industry and innovation sector as they partner with Defence to build truly sovereign game-changing military capability.”

The ten contract announced under the latest round of Defence Innovation Hub funding can be found here.

Image credit: www.business.gov.au
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