XTEK wins new purchase order to support Australian Defence’s SUAS capability
ASX-listed company XTEK Limited has received a spare parts order from the Australian Department of Defence to support its newly acquired Small Uncrewed Aerial Systems (SUAS) capability, which was announced in December 2022.
Fonterra raises earnings and milk collection forecasts for FY25
Fonterra Co-operative Group Ltd has indicated that its earnings for the 2025 financial year are expected to be in the upper half of its previously forecast range of 40 to 60 cents per share.
US Manufacturing PMI inched up to 47.7% in February
The February Manufacturing PMI in the United States of America has registered 47.7 per cent, 0.3 percentage points higher than the 47.4 per cent recorded in January, according to the nation's supply executives in the latest Manufacturing Institute for Supply Management (ISM) Report On Business.
Energy market watchdog AEMO issues urgent call for Marinus Link project development
The Australian Energy Market Operator (AEMO) has highlighted the urgent need for reliable and clean energy that will come from the Marinus Link energy...
XTEK receives new SUAS spare parts order from Australian Defence
ASX-listed international defence industry company XTEK Limited secured a $3.4 million order contract with the Australian Department of Defence for the delivery of spare parts in support of its existing Small Unmanned Aerial Systems (SUAS) fleet.
CSR Limited improves NPAT by 17% with strong business performance, manufacturing productivity
CSR Limited, a major Australian industrial company, has reported a net profit after tax (NPAT) of $225 million for the fiscal year ended 31 March 2023, up 17 per cent from $193 million the previous year.
Nightingale equips Blackbird drone with AWS AI systems
Drone manufacturing company Nightingale Intelligent Systems has ventured into a partnership with Amazon Web Services (AWS) to integrate the Blackbird Security Drone sensor data with AWS systems to create a highly advanced data analytics platform for intrusion detection, navigation, and life-safety use cases.
Orica appoints Kim Kerr as chief financial officer
Global mining company Orica has appointed Kim Kerr as its new chief financial officer, effective 11 October.
IperionX inks partnership with Aperam Recycling for 100% recycled titanium supply chain
IperionX has partnered with Aperam Recycling’s American entity, ELG Utica Alloys, to establish a low-carbon, 100-per cent recycled titanium supply chain.
Australian private sector continues expansion streak in June— Judo Bank
Australia’s private sector has remained in expansion at the end of the second quarter of the year, despite the manufacturing sector posting below the 50.0 neutral mark in June, according to the Judo Bank’s latest PMI report.
Featured Article
Reducing downtime through real-time shop floor insights with Minitab’s Prolink
Unplanned downtime remains one of the most costly – and often misunderstood – challenges on the manufacturing floor.
