Malcolm Turnbull insists Australian manufacturing will benefit from the country’s largest peacetime upgrade in the history of its defence industry. However, more collaboration is necessary to see its true value. Steven Impey reports. Prime Minister Malcolm Turnbull struck a chord with Australian industry in the opening of the tenth Pacific International Maritime Exposition in October. … Continue reading Shaping ships and building bridges
Shipbuilder ASC has fixed the problems associated with its Collins submarine maintenance program, according to Defence Minister David Johnston.
Engineering firm Forgacs will close its ship maintenance dock in Brisbane and, as a result, 27 permanent staff will lose their jobs.
Germany’s ThyssenKrupp has agreed to sell its Swedish submarine shipyard to Swedish defence firm Saab for 340 million Swedish crowns ($53.51 million).
Shipbuilder Austal has posted a first half-profit of $9.5 million as it continues its three major vessel contracts.