Melbourne based defence technology manufacturer DefendTex has secured a $2 million investment through the Defence Innovation Hub to further develop its cutting edge technologies.
Defence Industry Minister Melissa Price, who toured the company’s facility alongside Senator David Van, said the $2 million contract will help DefendTex develop rocket propelled grenade technology for the Australian Defence Force (ADF).
“The Morrison Government is on the side of Australian workers in the defence industry,” the Minister continued.
“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.”
Senator Van said the investment in DefendTex will help develop 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,” the Senator added.
“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 company with offices in Australia, the United Kingdom and the United States of America.