Defence Innovation Hub grants totalling almost $20 million have been awarded to 10 local businesses based in Victoria, NSW, Queensland, Western Australia and the ACT.
The contracts are expected to fund projects aimed at bolstering both Army and Navy capability.
Grant recipients include both SMEs and primes, with BAE Systems Australia among the businesses to secure funding.
Victoria-based RingIR has been awarded the largest contract ($3.9 million), to fund the development of a portable device designed to accelerate the identification of dangerous chemicals and explosives.
Read the full article at DefenceConnect