PPK 14.3% 45.0¢ ppk group limited

“This investment will build capacity and enable us to be...

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    “This investment will build capacity and enable us to be producing…uncrewed aircraft, as you say, in 2024-25 in an extremely short period of time.”

    The remaining $24.6 million announced under for companies the Modern Manufacturing Initiative Translation Stream were:

    • $8 million for Hypersonix Launch Systems manufacture a hypersonic target drone
    • $4.3 million for DefendTex Research Labs to manufacture guided warheads for unmanned aircraft, missiles and small arms systems
    • $3 million for ANCA for manufacturing cells for precise CNC grinding for larger defence components
    • $2.1 million for Sentient Vision Systems to manufacture ViDAR pods
    • $2 million for Thomas Global Systems to manufacture next-generation avionics and high integrity defence electronics
    • $1.8 million for Craig International Ballistics for an automated high pressure composite panel manufacturing line for complex anti-ballistic products
    • $1.7 million for Marand Precision Engineering for a welding centre for military platforms using high-grade ballistic steels
    • And $1.4 million for Extel Technologies to onshore manufacture of electronics sub-assemblies.

    Picture: Boeing


    https://hotcopper.com.au/data/attachments/4344/4344295-c3923ffc43c6555487f4ec8008bd9236.jpg

 
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