Increasing multinational collaboration among AUKUS companies in Australia’s shipbuilding sector is apparent in a new tie up between US-based Fairbanks Morse Defense (FMD) and Melbourne’s Marand Precision Engineering. FMD is a primary supplier to the US Navy of marine power and propulsion systems, while Marand has increasingly been penetrating defence from its origins in the…
Perth international shipbuilder Austal’s shares dropped on the ASX this morning following a company report of specification changes and inflation which has hit its US steel naval shipbuilding operation. In early trading Austal’s shares were down 11 percent to $2.28, with the company announcing a ‘substantial revision in earnings’ following these changes and ‘inefficiencies’ in…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) EOS lines up cash and credit to fund growth Defence, space and communications manufacturer Electro Optic Systems has beefed up its finances achieving a net cash balance of $42.2 million as at June 30 as it expands…
The Australian Maritime Alliance (AMA), a joint venture between engineering group and shipbuilder Civmec and defence services company Serco, is using Pivot Maritime International as core simulation partner on the Land 8710 – Phase 1A Army Littoral Manoeuvre Vessel Medium (LMV-M) project. In a statement from AMA on Tuesday, Serco said its General Manager Maritime…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Enware to quit manufacturing in Australia: report Enware, an 86-year-old plumbing and safety equipment company, will stop manufacturing at its Australian headquarters, according to a report. US business Watts Water Technologies completed an acquisition of Enware on…
In post AUKUS Australia, everyone gets their own submarine. In fact, even children get to build their own submarines thanks to an innovative STEM-focused educational programme Subs in Schools Technology Challenge. According to Defence SA, Subs in Schools provides students an opportunity to engage deeply with advanced engineering systems by building a fully functioning Remotely…
Perth shipbuilder Austal has delivered the fifth of eight Evolved cape class patrol boats (ECCPB’s) on order for the Royal Australian Navy. ADV Cape Woolamai (pictured) built at the Henderson shipyard in Perth was officially accepted by the Commonwealth on Thursday. Austal Chief Executive Officer Paddy Gregg said the delivery demonstrated the shipyard’s capacity, capability,…
The Hunter Class Frigate Program has advanced to the next phase with the prototype phase far advanced and the construction of the first Hunter production ship block now started. According to a statement from shipbuilder BAE Systems Australia, the development demonstrated the progress underway at the Osborne Naval Shipyard which was newly constructed by the…
Perth international shipbuilder Austal has been awarded a $115 million fixed-price incentive contract option from the United States Navy for the construction of an additional Navajo-class Towing, Salvage, and Rescue Ship (TATS 15, pictured). Austal USA is now under contract for five steel-hulled T-ATS in a programme that could be worth up to US$3.2 billion,…
Tasman ferry builder Incat has received its first order for a new electric vehicle ferry design which will be exported to South America. According to reports, Argentine company Buquebus has ordered what will be Incat’s first-ever electric aluminium catamaran design – the 148 metre long catamaran ‘utility Ro-Pax’ design (pictured). Designed by Revolution Design, the…
