Saturday, July 4, 2026

New business index drags down US PMI Composite Output in December

December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global. 

BAE Systems acquires Radio Frequency Systems as part of national high frequency investment

BAE Systems Australia has purchased Radio Frequency Systems (Australia), a wholly owned subsidiary of Radio Frequency Systems (Germany), following the company's German parent's decision to exit the defence market.

Australian manufacturing sees further decline in June— Ai Group

Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group. 

DroneShield secures another $11m government order for counter-drone system

ASX-listed DroneShield said a government agency customer has made an $11 million purchase order for its counter-drone/counter-unmanned aircraft systems (UAS) equipment

Nestlé posts organic growth amid total revenue dip in 2025

Nestlé has reported a significant turnaround in its market performance for 2025, driven by a resurgence in its “billionaire brands” and a strong recovery in the second half of the year.

Nutritional Growth Solutions expands US market presence through Walmart

Nutritional Growth Solutions, a global provider of pediatric nutritional products, is rolling out its new Happy Tummies supplement in Walmart stores across the United States, following the initial performance of its Kidz Protein products.

Craft beer boom drives growth in Australia’s beer manufacturing sector

The Australian beer manufacturing industry has experienced steady revenue growth over the past decade, despite a decline in per capita beer consumption, according to a market research report by IBISWorld. 

Aluminium company Capral posts strong results for 1H 2023

Aluminium extruder and distributor Capral Limited has posted its financial report for the first half of 2023, outlining strong results that went beyond expectations. 

Quickstep to provide composite aerostructures for Carbonix’s long-range drone production

Quickstep, Australia’s largest independent aerospace composite company, has secured a $2.34 million contract with Carbonix for the production and supply of composite aerostructures for Carbonix’s latest long-range drone. 

Australian industry remains in contraction for a year— Ai Group

The Australian industry marked its 12th consecutive month in construction territory after seeing a fallback in demand and activity in April. 
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.