Supacat Asia-Pacific wins armoured vehicle contract.

Melbourne-based Supacat has signed a partnership agreement with Rheinmetall Defence for the design and manufacture of systems for the army’s new Boxer combat reconnaissance vehicle (CRV) fleet. Rheinmetall recently won multi-billion contracts for the supply of its armoured 8×8 CRV, with Supacat to provide a number of sub-systems. The vehicles will be manufactured at a…

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Cochlear maintains profit growth and massive dividend payout ratio.

Hearing implant maker Cochlear (ASX:COH) is demonstrating the benefits of technology leadership by maintaining an annual profit growth rate of around 10% into the future. Chairman Rick Holliday-Smith told the company’s annual general meeting that the company’s profits would rise next year in the 8-12% range. Cochlear’s profit of $246 million last year was up…

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