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DroneShield wins $9.9 million Five Eyes DoD Contract

Sydney-based DroneShield Ltd has been awarded a follow-on 2-year R&D contract worth $9.9 million by a Five Eyes Department of Defence (DoD). The award follows DroneShield materially completing the $3.8 million contract announced 4 June 2021 with the same DoD. The company has not named the customer.  “Follow-on contracts are…

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Australia’s Defence Budget 2023-24

Australia’s 2023-24 Defence Budget was handed down on 9 May 2023, less than a month after the release of the unclassified Defence Strategic Review (DSR). It follows much the same trajectory as the budgets handed down last year: the budget…

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