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Government invests $13 million for Defence

Government invests $13 million for Defence
Five projects were selected out of 119 submissions received under Round 15 of the Defence Capability and Technology Demonstrator (CTD) Program.
 
“In supporting these proposals we have the potential to advance Defence capability, produce innovative products for Defence and civilian use and stimulate Australian industry growth,” Mr Snowdon said.
 
“Defence is proud to be supporting Australian business in developing these innovative products, which range from a light-weight energy system for powering a soldier’s combat equipment to a detachable device that can keep helicopters afloat during maritime emergencies.”
 
The CTD Program, managed by the Defence Science and Technology Organisation and sponsored by the Capability Development Group, supports Australian industry in demonstrating new technologies that have the potential to contribute to Defence capability.
 
Winners from this round includes; Phoenix Engineering Systems; Sonartech Atlas; Tectonica Australia; L-3 Nautronix with AADI Defence; and EOS Space Systems.
 
Since the program began in 1997, Defence has invested $237 million in 99 projects.
 
Out of these, 72 projects have been completed successfully, 11 projects have transitioned either into service or as a contender for a major project and a further 11 have transitioned into funded CTD Extension or CTD Transition Projects.
 
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