Building products and aluminium group CSR has been buoyed by strong residential construction activity, announcing a 20 per cent increase in net profit after tax for the year to 31 March. The company’s statutory NPAT of $271 million compares to the previous year’s $146 million, and includes $86 million in carry forward capital tax losses.…
Funding has been secured for a new Sovereign Manufacturing Automation for Composites Cooperative Research Centre (SoMAC) CRC through round 23 of the CRC Program. The success of the CRC’s bid was announced on Wednesday, with SoMAC awarded $69.9 million in Commonwealth support and $189.3 million in cash and in-kind contributions provided by its 36 bid…
BAE Systems Australia has announced it has secured a $50 million export contract to deliver critical hardware and software sub-assemblies into the global Evolved Sea Sparrow Missile (ESSM) programme. BAE Systems provides critical elements of Nato’s ESSM including locally developed launch sequence software and systems, with this contract a fillip to a network of Australian…
Perth drone engine manufacturer Orbital UAV is to deliver a test engine to autonomous technology and drone manufacturer Anduril which recently won a contract from Australian defence forces. The development is part of a MoU signed by the two companies announced today to work on concepts, products and technical solutions in the uncrewed domain. Orbital…
The state’s manufacturers are being invited to apply for the 20th anniversary edition of the Victorian Manufacturing Hall of Fame Awards. In a statement on Wednesday, the Victorian government said the awards – which will be held for the first time since 2019 – would feature three new categories: Leader in low carbon economy, Outstanding…
The federal Labor party has again shown its support for the ‘factory of the future’ concept being developed by Flinders University in Adelaide’s Tonsley innovation precinct with a renewed pledge of funding support. Labor has long supported efforts by Flinders’ Australian Industrial Transformation Institute which has established a campus amongst the innovative businesses housed in…
CSIRO provides $1 million to new manufacturing cybersecurity program A Swinburne-led program has received more than $1 million from CSIRO’s Data 61 to build cybersecurity and digital transformation skills in the next generation of manufacturing professionals. The CSIRO funding came through its Building National Cybersecurity Capabilities for Digital Transformation in Manufacturing program, which is designed…
Shifting to clean transport is a win-win-win – we can slash emissions, cut costs to commuters and boost Australia’s fuel security in a very uncertain geopolitical time.
Today @AuManufacturing’s editorial series Excellence in maritime manufacturing looks at collaborative R&D on tougher shipbuilding steel in Australia.
@AuManufacturing’s occasional editorial series on the real issues in the 2022 federal election turns to a circular economy. In this excerpt from a paper by Professor Göran Roos, he outlines the challenges ahead as we make the desirable move towards a more sustainable future. The desirable move towards a more sustainable future has recently taken…
