Swansea based SME Wall Colmonoy Ltd. has received funding through the Defence Technology Exploitation Programme (DTEP). The company will receive a government grant worth 50 percent of the project value. The Small and Medium-sized Enterprise (SME) will partner with Rolls Royce with the aim of developing innovative new solutions that meet UK defence challenges and increase capability in the UK defence supply chain.
DTEP, which seeks to improve the competitiveness of the UK Defence supply chain, is sponsored by the MOD’s Directorate of Industrial Strategy and Exports (DISE) and delivered through the Defence and Security Accelerator (DASA), Innovate UK, and ADS.
A crucial aspect of DTEP involves collaboration between an SME supplier and a more experienced higher-tier partner in the defence sector – in this case Rolls Royce. The higher-tier partner sponsoring the initiative will dedicate time, effort, and resources to engage with SMEs in these joint innovation endeavours.
Anita Friend, Head of DASA, said:
“DTEP funding allows SMEs to collaborate with higher tier partners to develop innovations that will make a distinct contribution to the UK’s defence supply chain. We’re proud to announce the allocation of DTEP funding to Wall Colmonoy Ltd. and wish the team every success with their collaboration with Rolls Royce.”
Project EVACC: Experimental VACuum investment Casting capability
Wall Colmonoy Ltd. propose to deliver a specialised aerospace development foundry which will mature into a production facility producing fast-make engine components at pace. Currently, parts for low cost engines are hard to source due to a surge in demand. Together with their higher-tier partner Rolls Royce, Wall Colmonoy Ltd. will offer a development foundry that will support fast and agile production of vacuum alloy castings, plugging gaps in the current supply chain and offering significant future development potential.
The company has decades of experience within materials engineering and foundry operations in challenging alloys and leverages this experience to support design-to-value engineering.
Wall Colmonoy Ltd. and Rolls-Royce have previously enjoyed a highly effective working relationship whilst delivering the Orpheus engine; the platform demonstrator that is stimulating a new range of highly efficient, design-for-value, compact combat engines.
VW was considering closing up to three factories in Germany and had been calling on its workforce to accept a 10% pay cut.At the time, the union was calling for
Rachel Reeves headed into the parliamentary Christmas break on Friday with more bad economic news on her desk, as data showed the UK public finances in the curr
UK today accedes to CPTPP, a major trade bloc in the Indo-Pacific which includes countries like Australia, Vietnam, Peru, Chile and Malaysia. Wales
The UK’s debt bill fell last month as government borrowing dropped to just over £11bn, giving Rachel Reeves an early Christmas present after a furious backla