Defence and space industry manufacturer Electro Optic Systems (EOS) has announced a second conditional contract with Ukraine, worth as much as $US 41 million (about $61 million), to supply up to 50 of its remote weapons systems (RWS). According to a statement from the ASX-listed company on Wednesday, the contract is with an unnamed Ukrainian…
The federal government is committing $4.1 billion to acquire more long-range missile strike systems, including a $2.5 billion downpayment for the establishment of a large-scale guided weapons manufacturing industry base in the country. Responding to the priorities of the Defence Strategic Review, the government said it would acquire land-based maritime strike and long-range missile launchers,…
@AuManufacturing today launches a sponsored series reporting on BAE Systems Australia’s Partnering for success defence industry supplier event which kicks off in Adelaide next week. In this launch article, Peter Roberts explores the relationship between defence contractors and local industry. With the release of the federal government’s Defence Strategic Review we now have a clearer…
By Peter Roberts The navy emerged from the Defence Strategic Review released on Monday as the future of Australia’s defence posture, but there are warnings that some programmes might be cut in favour of others, and that a big shakeup is in the wind for naval shipbuilding in Western Australia. One thing the review did…
@AuManufacturing’s sponsored series reporting BAE Systems Australia’s Partnering for success defence industry supplier event kicks off today with a two-part analysis of the benefits of the AUKUS agreement for SMEs. In this first part, Sarah Pavillard examines the SME industry policy landscape. Two things need to happen for AUKUS to deliver for Australia: the Australian…
The third quarter performance of miner and green industry developer Fortescue Metals shows a continued push to develop a green industry business stream alongside its traditional Western Australian mining assets. The company reported iron ore shipments of 46.3 million tonnes (mt) in Q3 FY23, creating a record for shipments for the nine months to 31…
Universal Biosensors adds new test to its Sentia wine platform Diagnostic test systems manufacturer Universal Biosensors has widened the scope of its Sentia test system for winemaking with the addition of a sixth product – a test for Titratable Acidity. This acidity measurement is tested by winemakers continuously throughout the year, and is one of…
The Clean Energy Finance Corporation has committed $75 million in debt financing from its $100 million Australian Recycling Investment Fund to the upcoming demolition (C&D) recycling facility at Brisbane. According to a statement on Monday, the Rino Recycling facility will have capacity to process more than one million tonnes of waste annually – including concrete,…
By Peter Roberts As widely leaked to the media, an independent analysis of Australia’s defence outlook has recommended cancellation and downsizing of a number of Army acquisition programmes in favour of long range strike capabilities and the creation of a Navy equipped with a nuclear powered submarine fleet and the ability to deny the maritime…
Bluescope has upgraded its earnings guidance for the second half of this financial year, with the main contributor to this the recently-expanded North Star mill in Ohio, as well as the North American coated products and the local Australian Steel Products division. The steel company announced on Monday morning that guidance for earnings before interest,…