Defence projects could face audit following Finnish boat contract: report

An audit of major defence projects and their use of Australian suppliers is possible, according to a report today.   The Australian Financial Review cites unnamed sources, including in the defence industry, and reports that prime minister Scott Morrison has made “pointed remarks” to Defence department officials about keeping foreign-owned primes to their local content…

EOS raising confirms investor appetite for manufacturing

By Peter Roberts Defence, space and communications group Electro Optic Systems (ASX: EOS) has raised $85 million from investors and shareholders, confirming investor appetite for progressive manufacturers. The company announced it had raised $17 million – $10 million more than initially sought – in a share purchase plan from existing shareholders. This came on top…

$20 million work announced for equipment suppliers to Attack Class submarine build

A Victorian and a NSW-based company have been announced as the first Australian partners on major equipment design contracts for the new fleet of submarines. Defence industry minister Melissa Price announced on Thursday that H&H Machine Tools of Melbourne and Berendsen Fluid Power of Seven Hills had been selected for work “estimated at $20 million,…

Grant Tinney’s QPE positions itself for our shared future

Comment by Peter Roberts One thing has been left out of the discussion of major government outlays developing Australia’s sovereign ability to build and maintain naval ships. That is the requirement for SMEs to play their part and invest large sums that often challenge – and risk – the resources of what are family owned…

Australian clothing manufacturer wins army contract

Victorian clothing manufacturer Australian Defence Apparel has won a contract to provide load carriage equipment to the army. The company, which operates a large clothing factory in Bendigo (pictured), will provide a range of mission essential carrying equipment. According to the army, this makes up a soldier’s ‘combat ensemble’ (below) and includes:: # Modular belt…