$4.1 billion for guided missiles, $2.5bn for local manufacture

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,…

Defence industry partnering for success – series launch

@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…

Defence partnering for success – Riding the AUKUS wave, part 1 by Sarah Pavillard

@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…

Fortescue continues its green industry push

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…

Strip ministers of veto over ARC grants – review

The escalating abuse of the process for allocating grants for scientific research in recent years has had its denouement with the release of an independent review by eminent scientists which found that the Australian Research Council, and not the minister, should decide who receives federal science grants. Education Minister Jason Clare yesterday released the review,…