Austal’s CEO Andrew Bellamy has bought $255,00 worth of shares in his own company, as part of a capital raising by Austal announced in November last year.
US Secretary of State Hillary Clinton has praised defence manufacturers in Adelaide and marked the city’s defence hub as one of the “critical industrial centres in the world”.
A major investment to enter the defence sector is paying off for SAGE Automation, with the final stage of its $11 million project with Chemring Australia to manufacture countermeasures nearing completion.
New Zealand manufacturer Rakon has announced it will cut jobs as operations move to China and India.
High Aussie dollar, rising overseas competition and global economic crisis are held responsible for 125,000 local manufacturers losing their jobs over the past four years.
Aircraft engine overhaul provider LTQ Engineering will cease operations and close its Tullamarine facility in September, resulting in the loss of 164 jobs.
AUSTRALIAN company Electro Optic Systems Holdings (EOS) will jointly develop, market, produce and support remote weapon systems with Hyundai-WIA.
Xtek has announced that it has completed construction of its first large scale XTclave body armour production plant.
An Australian engineering company has won a major contract to supply a new engine for a pilotless military aircraft, breaking new ground to overcome some of the limitations of other engines currently used in so-called ‘drones’.
Quickstep Holdings has secured its second Long Term Agreement (LTA) with Northrop Grumman to manufacture parts for the international F-35 Lightning II Joint Strike Fighter (JSF) program, allowing the company to manufacture more complex parts for the aircrafts.
Quickstep Holdings has opened what it claims is the most advanced independent aerospace composites manufacturing facility in the southern hemisphere, in Bankstown, for the manufacture of advanced carbon fibre composites.
The Australian Manufacturing Workers’ Union (AMWU) has slammed a discussion paper on the future of skills in Australia’s defence manufacturing industry as “too narrow”.
What do Novak Djokovic’s tennis racket, Mark Webber’s F1 car and the new Boeing 787 have in common? They all extensively rely on composite materials.
The government’s decision to delay the purchase of 12 F-35A Joint Strike Fighters (JSF) by two years could harm a number of Australian manufacturers involved in supply contracts for the US-based project.
Victoria’s Lovitt Technologies has won a global contract worth almost $1 million to manufacture wing parts for Boeing’s F/A-18 E/F Super Hornet fleet.
Aerospace engineering company, TAE, took out the Global Integration Award for its successful engagement in aerospace and defence global supply chains. Madeline Prince and Annie Dang report.
The Australian Workers Union (AWU) is concerned that the jobs of 250 maintenance personnel at the Richmond, New South Wales RAAF base may be at risk following Federal Budget defence cuts.
A Bendigo manufacturer has landed a potentially-lucrative contract to deliver new combat body armour using world-first innovations for Australian and international defence forces.
Australia’s peak manufacturing workers union is calling on the government to honour its plans to build the next generation of Australian Defence Force (ADF) submarines in Australia.
Konecranes devised a unique lifting solution for defence prime contractor, Austal to enable 16 overhead hoists to be controlled simultaneously by a single operator.