HeliMods has received $150,000 under the Defence Global Competitiveness Grants program.
“HeliMods has used its funding to purchase plant and equipment to manufacture large machined components used in the modification and upgrade of military and paramilitary helicopters," Minister for Defence Industry Melissa Price said.
“The grant will assist HeliMods in boosting its capacity to make components with shorter lead times, increasing export opportunities into North America and Europe.
“In 2019, while leading a major defence trade expo with Australian companies, I announced Helimods had received funding support to help them on the global stage.
The Australian Defence Export Office was set up to provide practical assistance to small businesses and help them become export-ready.
“I believe that the Sunshine Coast today has the skills and the drive for innovation to play a part in developing critical new sovereign defence capability in Australia,” Member for Fisher, Andrew Wallace, said.
“HeliMods’ ability to deliver world-leading capabilities is known throughout Australia, and sought globally, as proven by their growing export opportunities into North America, Europe and Asia."