NIOA Group CEO Robert Nioa has called for swift action to boost Australia’s defence industry so it could play a part in a future Indo-Pacific allied military force. Speaking to the American Chamber of Commerce (AmCham) Queensland Nioa said decisive action was needed due to a ‘palpable’ escalation of geopolitical tensions. Nioa recently inked an…
Mesoblast secures FDA approval for heart disease treatment Biotechnology company Mesoblast has secured US Food and Drug Administration (FDA) approval for its Revascor heart disease treatment. The FDA issued a rare pediatric disease (RPD) designation for Revascor following submission of results from a trial in 19 children with hypoplastic left heart syndrome (HLHS). Revascor is…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Australian government, Hanwha sign IFV contract The federal government has signed contracts with Hanwha Defense Australia for 129 locally built Redback infantry fighting vehicles, to be built in Geelong for the Australian Army. Hanwha was announced as…
Australian owned munitions manufacturer NIOA Group has taken up a tenancy at the United States Army’s Joint Centre of Excellence for ammunition and weapons, Picatinny Arsenal in New Jersey. The further expansion into the US follows NIOA’s 100 per cent acquisition earlier this year of Tennessee-based Barrett Firearms, and shows a determination to significantly enter…
Australian-owned defence prime NIOA has signed an agreement with US rocket and hypersonics company Aerojet Rocketdyne to explore the manufacturing of critical guided weapons components in Australia. The agreement anticipates the future assembly and manufacture of rocket motors, boosters and warheads for munitions within the Aerojet Rocketdyne portfolio which covers a wide range of weapons…
Defence Industry Minister Pat Conroy has told industry that the way is open for Australian manufacturers to enter the supply chains of the United States’ submarine construction programme. Addressing the Australian Industry and Defence Network, he said the submarine project would deliver 20,000 jobs in the Australian economy, with the government investing $3 billion over…
Munitions manufacturer NIOA Group CEO Rob Nioa has attacked Australia’s continuing reliance on importing foreign weapons systems and called on the country to mobilise its industrial base to deter potential threats. The head of Australia’s biggest privately-owned supplier of munitions to the ADF said the consequences of outsourcing military production could be dire against a…
