MG Engineering to build frigate vessel blocks

South Australian shipbuilder shipbuilder MG Engineering has been chosen to build four “mini blocks” to be used to test leading edge manufacturing techniques for the $35 billion future frigates programme. SA innovation and skills minister David Pisoni confirmed the order from BAE Systems subbsidiary, ASC Shipbuilding this morning. Pisoni said on social media ASC Shipbuilding…

XTEK raises $11.4 million and joins C4 EDGE consotrium

Defence technology group XTEK is raising $11.4 million from investors and also moving to join the C4 EDGE consortium of 17 SMEs that are developing a sovereign C4 (commend, control, communications and computing) environment for the Australian army. The company announced it had successfully raised $9.2 million from an oversubscribed placement with institutional investors, and…