Navantia sets up Melbourne underwater defence hub
Spanish state-owned Navantia will base underwater defence research in Melbourne. Victoria will provide $150 million to support it.
Navantia is a Spanish shipbuilder. It will make Melbourne its regional headquarters for underwater technology research.
Victoria's $150 million industry and innovation fund supports this work. The hub will work with Australian universities, research institutions and industry groups to develop new underwater systems for defence.
Navantia makes submarine fuel systems and combat management systems. The company will put new underwater technologies into service for Australian and international defence programs.
The hub launch strengthens Victoria's role in defence manufacturing. It adds to the state's existing defence and aerospace sector.
- 150 million dollars
- State backing amount
- Spanish state-owned
- Parent company
- Melbourne
- Hub location
Why it mattersIt brings advanced submarine technology development to Australia. It creates skilled engineering jobs in Victoria's defence sector.
AustraliaMelbourne gains a major defence research centre, boosting Victoria's defence economy and creating high-skill engineering positions for Australian workers.
✓ Claims checked against the source and corrected before publish. checked 3 h ago
Open this story in InSnip →
