Aerospace and defence company Boeing has announced that it has committed over $5 million to an 18-month development program involving seven suppliers on a team which intends to build satellites under the JP9102 program.
The Clean Energy Finance Corporation will provide up to $8.5 million in finance in a joint venture with Octopus Australia for the Gippsland Renewable Energy Park (GREP.)
By Peter Roberts The federal government has announced funding will be earmarked in the upcoming Budget for a $4.3 billion dry dock to be located at the Henderaon marine precinct (pictured) in Western Australia. Prime Minister Scott Morrison made the announcement today in Perth, saying the new dry dock would turn Henderson into a world-class…
Hydrogen technology company Star Scientific has won its category at the 24th Annual South by Southwest (SXSW) Innovation Awards at Austin, Texas. Star made the final of the New Economy category, with finalists demonstrating their projects to judges and show-goers over the weekend. It won the award for its HERO (hydrogen energy release optimiser) product,…
BAE Systems Australia will create 55 new skilled engineering jobs in the Hunter region of New South Wales through support provided by the state government’s $250 million Jobs Plus Program. BAE Systems will expand the company’s Williamtown base, building additional bays at the aircraft sustainment hub, which will complement the new bays planned to be…
Amaero International to review strategic alternatives Additive manufacturing technology company Amaero International has commissioned investment and advisory firm Guggenheim Securities to evaluate strategic alternatives for the company. The study was aimed at ensuring it was ‘taking every step possible to maximise value for shareholders’, according to an announcement. Amaero said no decisions had been made…
BlueScope Steel will invest $217 updating the Port Kembla steelworks with the assistance of a federal government Modern Manufacturing Initiative grant. Canberra will provide $55.4 million to the project which will ‘shore up the supply of Australian steel to support renewable energy projects and our local defence sector’, according to the government. Steel plate produced…
A ‘smart rail system’ that transforms rifles into data nodes linking soldiers in the battlefield with tactical leaders and commanders, is being trialled by NIOA. The Brisbane prime defence contractor has linked with technology and licensing company T-Worx to investigate application of its Intelligent-Rail (I-Rail) technology for use in the Australian Defence Force. The rifle-mounted…
University of Southern Queensland defence industry research efforts have been granted membership to the federal government’s Defence Industry Security Program (DISP). Membership signals USQ’s strong capability to meet the national and international security requirements of Australia’s defence industry supply chain, according to a statement. DISP provides non-military organisations with a framework for working securely with…
