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Daily Archives: March 26, 2019

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Austal on a roll with new US orders

Manufacturing NewsBy Peter RobertsMarch 26, 20191 Comment

Perth shipbuilder Austal (ASX: ASB) has continued its run of successes with a $369 million contract to supply two Expeditionary Fast Transport Ships (EPF) the U.S. Navy. This extends the company’s contracts for the twin-hulled vessels to 2022 and will bring to 14 the number in service providing lofistics support. The EPF, one of two…

ANZ attacks blockchain – but then it would

Manufacturing NewsBy Peter RobertsMarch 26, 2019Leave a comment

Comment by Peter Roberts One of Australia’s big four banks has broken ranks and come out swinging against one of the latest trends in record-keeping for business – blockchain. Maria Bellmas, associate director, trade and supply chain product at ANZ, published an article on the company website to pose the question “Is blockchain a false…

Raytheon builds first Australian factory

Manufacturing NewsBy Peter RobertsMarch 26, 2019Leave a comment

High technology defence contractor, Raytheon has begun construction of a $50 million factory, to be known as the Centre for Joint Integration. The company, which holds a number of contracts with Defence, will manufacture a new short-range air defence missile system under a $2.5 billion contract. The system is based on the Raytheon/Kongsberg National Advanced…

Thales chooses REDARC for Hawkei

Manufacturing NewsBy Peter RobertsMarch 26, 2019Leave a comment

Global defence contractor Thales has chosen Adelaide electronics firm REDARC to supply a dual power system for its Australian developed and made Hawkei protected vehicle. REDARC will provide a dual power solution based on their off the shelf technology which had its origins in equipping recreational vehicles and caravans. The system provides constant, regulated power…

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