The Hon David Smith MP, the Member for Bean, has welcomed the awarding of a $100,000 grant to the local business Elysium to uplift physical security to protect training on testing equipment and classified teaching spaces for the defence industry.

This grant is part of the Defence Industry Development Grants program, with 58 grants worth $16.5 million awarded to Defence suppliers in four streams, including export, skilling, security and sovereign industrial priorities.

The competitive grant program is open to applications year-round and will provide matching grants of 50 per cent until 2028. The grant recipients are listed below.

Quotes attributable to Minister for Defence Industry, the Hon Pat Conroy MP:

“This investment by the Albanese Government in local businesses and jobs will provide vital support to people who are making a critical contribution to our national security and a future made in Australia. 

“The Albanese Government is committed to supporting Australian small to medium enterprises and growing the skills of our workforce to build Australia’s sovereign capability, global competitiveness, technical superiority and national security.

“The new Defence Industry Development Grants initiative creates one cohesive program, contributing to a stronger and more resilient sovereign defence industry that is able to meet the challenges of the future.” 

Quotes attributable to the Member for Bean, the Hon David Smith MP:

“Congratulations to Elysium for being successful in their Defence Industry Development Grants application.”

“The Albanese government is doing good work in defence, contracting and procurement. We are committed to building and strengthening our domestic defence industry.”

“We understand deeply the complexities of defending our country and the detail which underpins that important endeavour. We understand the vital importance of our defence industry not only for capability development, not only from the perspective of sovereign capabilities but also for growth and job creation.”

View the original media release by the Minister for Defence Industry.