The United States Department of Justice (DOJ) has indicted three former employees of shipbuilder Austal USA for allegedly making or causing to be made false and misleading statements about the company’s performance and financial condition between 2012 and 2016. The DOJ at the same time has filed civil charges against the same three individuals. The…
Manufacturers from the Hunter, Central and North Coast regions of New South Wales are lining up to meet the challenge of a new state government which is to reverse the recently defeated government’s policy of buying railcars from overseas suppliers. Before the recent NSW election incoming Premier Chris Minns said: “The Liberals have always said…
By Jarryd Daymond, University of Sydney Australia’s federal parliament has approved a A$15 billion National Reconstruction Fund, intended to reverse the nation’s dwindling manufacturing sector. It is the “first step” in Prime Minister Anthony Albanese’s election promise “to revive our ability to make world-class products”. The fund will focus on investing in high-tech manufacturing. There…
A new defence satellite communication system to be deployed by the Australian Defence Force will include significant local content from a range of SME suppliers, according to successful tenderer Lockheed Martin Australia. Defence today announced Lockheed Martin Australia (LMA) as the preferred tenderer to deliver on a new Australian Defence satellite communication system, through Joint…
Australian uranium enrichment technology developer Silex Systems has revealed it could begin operations at its joint venture Paducah Laser Enrichment Facility (PLEF) in the United States as early as 2027/28. The plant, which will reprocess spent uranium tailings from US nuclear facilities, is capable of producing traditional nuclear fuels as well as Low Enriched Uranium…
Modular data centre manufacturer DXN has announced a contract worth approximately $1 million with Anglo Coal for a project at the Capcoal complex in central Queensland’s Bowen Basin. The contract covers development of a standard design fit for purpose at the site, delivery of this, plus the option for DXN to provide annual maintenance for…
Defence contractor Electro Optic Systems has announced a $120 million contract to export its Australian-made Remote Weapons System (RWS) to Ukraine in one of the biggest contract wins of the the company’s history. The Canberra manufacturer said the contract was conditional on demonstration testing over coming weeks and was signed with Ukrainian state-owned foreign trade…
FDA clears Nova Eye Medical’s latest device for sale Ophthalmic treatment device manufacturer Nova Eye Medical has announced the Food and Drug Administration has approved its iTrack Advance glaucoma surgical device for sale to surgeons in the United States. iTrack Advance is the latest product in the company’s range and is a hand held delivery…
Australian drone manufacturer Carbonix has signed a new $2.3 million contract with Australia’s largest independent aerospace composite manufacturer Quickstep Holdings that will see the company triple its drone production over the next year. Under the 12 month contract, Quickstep will manufacture 40 of Carbonix’s latest long-range unmanned aerial vehicles (UAV). The UAV is the next…
By Peter Roberts Suddenly, every iron ore producer and the country’s two primary steel producers are looking at ways of decarbonising the steelmaking process, or going entirely to green steel production. Andrew Forrest’s Fortescue group is famously attempting to become Australia’s greenest company while Whyalla steelworks operator GFG Alliance has begun production of green steel…