Levett Engineering has been awarded a contract by Kongsberg Defence Australia (KDAu) for the manufacture and supply of Stacking Frames for the Naval Strike Missile (NSM) capability being delivered under Project SEA 1300 Phase 1 – Navy Guided Weapons. Elizabeth South, Adelaide-based Levett Engineering is a precision component manufacturer and part of the ASDAM Group…
SciDev enters European PFAS treatment market Wastewater treatment company SciDev has entered the important European market for PFAS ‘forever chemicals’ treatment, securing its first commercial order in Europe. The contract with Swedish Hydro Solutions AB is for a containerised PFAS treatment system to remediate contaminated landfill site in Northeast Sweden. The initial value of the…
Defence manufacturer Electro Optic Systems has sold off its naval satellite communications arm EM Solutions only five years after buying the business, further focusing EOS on its core business of Remote Weapon Systems. EOS entered into a binding share sale agreement to sell the Brisbane subsidiary to UK listed Cohort plc for an enterprise value…
Navigation and autonomy manufacturer Advanced Navigation and European innovator NILEQ have signed a MoU to co-develop a resilient navigation system integrating its MBDA NILEQ absolute positioning technology. The co-developed solution will foster joint technology development between AUKUS partners the United Kingdom and Australia, and provide resilient absolute positioning for airborne platforms. The development comes amid…
Automotive, aerospace and defence manufacturer PWR Holdings expects H1 FY25 net profit after tax to be between $3.2 million and $3.7 million, below the NPAT of $9.8 million achieved in the first half of FY24. The profit figure includes expenses incurred with PWR’s new $22 million headquarters at Stapylton on the Gold Coast which opened…
The federal government has invested $60 million in quantum and counter disinformation technologies critical to defence and to a future made in Australia. The Advanced Strategic Capabilities Accelerator’s (ASCA) Emerging and Disruptive Technologies (EDT) programme has signed 21 contracts with Australian universities and industry partners. The investment was made under the National Defence Strategy and…
Submarine maintenance and construction staff working at government-owned shipyard ASC in Adelaide have been given wage parity with colleagues doing similar work in Perth – but it has taken a year long wage dispute to achieve it. In a dispute that saw ASC CEO Stuart Whiley dig in against union demands only to eventually decide…
Australian electronics manufacturer GME is linking with Korea’s Hanwha Defence Australia (HDA) and Hanwha Systems through a Memorandum of Understanding (MoU) that brings together leading command, control, communications, computers, and intelligence (C4I) capabilities . Signed at the annual Military Communications and Information Systems (MilCIS) Conference in Canberra, the agreement will see the three parties working…
Rhythm receives R&D tax incentive refund Predictive cancer diagnostics technology company Rhythm Biosciences has received multiple tranches of its research and development tax incentive (RDTI), totalling $3.23 million. This total is made up of approximately $1.24 million in relation to FY23, being a second tranche of funds following the submission of an amended FY23 tax…
New maintenance opportunities will be available to defence industry with the delivery of a new fleet of main battle tanks, with the first cohort of Australian Army soldiers completing training on operations and maintenance at Puckapunyal. Army will have a fleet of 75 of the Abrams M1A2 main battle tanks, with 46 already delivered from…
