Joint media release
- Senator the Hon Zed Seselja, Senator for the Australian Capital Terriroty
A small technology company from Canberra is continuing to make waves in the world’s largest defence industry market after signing a new $1.4 million deal with the United States Marine Corps.
Kord Defence, which develops programmable control systems for military and law enforcement markets, credits their export success to the early investment by the Morrison Government in their innovative technologies.
The contract will enable Kord to complete the development of its Rifle Accessory Control Unit Technology, and further cements Australian industry as producers of world-leading technology in high-demand globally.
Minister for Defence Industry, the Hon Melissa Price MP, said it was an example of how the Defence Innovation Hub is opening doors for Australian companies.
“I’m pleased to see the investment our Government made in Kord has enabled them to grow and pursue new export opportunities in global markets,” Minister Price said.
“Along with growing the sovereign capability of our own defence industry, this is precisely what we designed the Defence Innovation Hub to do.”
Senator for ACT, the Hon Zed Seselja, said this success story was an example of the potential that exists within Australia’s Defence Industry.
“The Government’s $640 million investment is stimulating innovation for Australia as well as benefiting our close allies.”
“It’s really great to see another Canberra company highlighted on the world stage.”
Kord’s Managing Director, Dr Peter Moran said development of their technology would not have been possible without the support of the Defence Innovation Hub.
“Winning an Innovation Hub contract in 2017 enabled us to develop a wireless control system which formed the basis of the technology now being tested by the United States Marine Corps,” Dr Moran said.
Industry and research organisations can find out more about how to access the opportunities on offer at: www.business.gov.au/cdic