Three South Australian defence projects receive funding boost
South Australian manufacturers REDARC Defence & Space, entX and AML3D have been awarded financial assistance of more than $4 million to support key defence projects through the Economic Recovery Fund (ERF). The State Government fund was established in 2023 to boost the state’s economy and to help local businesses and industry in key areas to grow secure, well-paid jobs, improve productivity, increase exports and support innovative, value adding technologies. Aimed at the priority areas of Manufacturing Innovation and Regional Tourism Infrastructure Development, Round 1 of the ERF saw nearly 300 applications across both streams. The State Government allocated $14.8 million ...