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VEEM Secures $2 Million to Boost Nuclear Submarine Component Manufacturing
1:44am on Monday 2nd of June, 2025 AEST
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Defence
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VEEM Secures $2 Million to Boost Nuclear Submarine Component Manufacturing
1:44am on Monday 2nd of June, 2025 AEST
Key Points
Two $1 million grants awarded under Defence Industry Development Grants Program
Funding to acquire 3D sand printer and multi-axis CNC machine
Equipment to support production of components for nuclear submarines and naval vessels
Facility expansion in Western Australia planned for equipment installation by end of 2025
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