What Happened
Australian State Invests In Defense Manufacturing And MRO
The Queensland government is investing AU$180.6 million in its Sovereign Industry Development Fund to support aerospace manufacturing and services, with a focus on defense and MRO capabilities. The fund has attracted 250 applications proposing AU$2 billion in financing, with projects including rocket testing and refinishing for military aircraft. Lockheed Martin and HeliMods have received funding for their projects, while Boeing is moving the assembly of its MQ-28 Ghost Bat to Wellcamp Airport. The investment is part of Queensland’s efforts to develop its aerospace industry, as reported by Aviation Week.