The New Zealand Army is to purchase Bushmaster armoured vehicles developed and manufactured by French Thales Group in Bendigo. Thales will supply 43 Bushmasters in a deal worth $75 million. Bushmaster is a heavy 11-tonne, 4×4 protected vehicle with a 4-tonne payload and a V-hull design which deflects explosions away from the passenger cabin. The…
Industry association South East Melbourne Manufacturers Alliance has joined the Australian Made Campaign as a Campaign Associate.
An analysis has described how it is “technically and commercially feasible” to build a lithium ion battery processing, manufacturing and trading hub in Western Australia.
A new platform for the delivery of the federal government’s research and development tax incentive will be launched next year, with consulting giant Deloitte landing a $1 million contract to help build it.
Biotechnology giant CSL has stepped up the fight against Covid-19 with the announcement it has begun trials to evaluate its monoclonal antibody CSL312 for respiratory distress. The company’s CSL Behring arm has begin phase II placebo-controlled studies on the safety and efficacy of the garadacimab, Factor XIIa antagonist monoclonal antibody for patients with Covid-19 related…
Comment by Peter Roberts Rio Tinto will close New Zealand’s largest aluminium smelter operated by New Zealand Aluminium Smelters (pictured) in what should be a stark warning to the Coalition dithering on energy policy. A strategic review of the smelter which produces 335,290 tonnes of ultrahigh purity aluminium from Australian bauxite found the business is…
Sydney premium vitamin manufacturer Blackmores has found strong investor support for its capital raising with a share purchase plan closing significantly over-subscribed. The company had beem planning to raise $25 million but received applications from existing shareholders for new shares worth $77 million. The company decided to scale back allocations to individual investors on a…
Carbon fibre composite automotive wheel manufacturer Carbon Revolution has revealed that the Covid-19 pandemic is affecting demand for its product. The Geelong producer told investors that its sales growth was being affected, in turn cutting growth projections in the first half of the financial year. As recently as April Carbon Revolution was bullish about its…
Composites manufacturer Quickstep Technologies has supplied the United States Marine Corps’ AV-8B Harrier fleet with 260 urgently needed, obsolete aircraft parts. Sydney-based Quickstep produced the parts for the vertical short takeoff and landing (V/STOL) aircraft on short notice under a contract with Boeing Global Services. Originally built by McDonnell Douglas, the Harrier II is a…
