Quickstep to supply F-35 vertical tail components in new contract
Quickstep Holdings has secured an $11.3 million purchase order for its Lot 17 F-35 vertical tail components from Marand Precision Engineering, a longstanding to Quickstep on the F-35 program.Â
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.Â
4DMedical partners with Philips to expand US Defence commercialisation
ASX-listed imaging technology developer 4DMedical Limited has signed a teaming agreement with Koninklijke Philips, a leading global healthcare company, to commercialise 4D Medical’s XV Technology within the US Department of Veterans Affairs.Â
Australian airline Rex invests in electric-powered, emission-free aviation
Australian independent regional and domestic airline Regional Express (Rex) has announced an investment in Dovetail Electric Aviation, the company pioneering the conversion of turbine-powered aircraft to electric, emission-free propulsion.Â
BlueScope posts $805.7M NPAT for FY2024 amid industry challenges
BlueScope has reported a net profit after tax (NPAT) of $805.7 million for FY2024, marking a $203.5 million decline from FY2023.Â
BlueScope confirms earnings guidance for FY2023 1H
Australian steel manufacturer BlueScope’s underlying earnings before interest and tax for the first half of fiscal year 2023 is expected to range between $800 million to $900 million.Â
Wide Open Agriculture to identify location for large-scale buntine protein manufacturing facility
Wide Open Agriculture (WOA) announced that it is moving forward in identifying a large-scale manufacturing plant for the production of buntine protein, a key ingredient in a variety of food applications.
Contractionary conditions ease for Aussie industries in September – Ai Group
The Ai Group Australian Industry Index has witnessed a reduction in contractionary conditions, marking an improvement of 8.2 points to reach a seasonally adjusted value of -3.5 points in September 2023.Â
Stratasys releases strong Q2 2023 financial results
Additive manufacturing giant Stratasys announced its financial results for the second quarter of 2023, showcasing the company’s impressive revenue of $159.8 million, which is 1.6 per cent higher compared to the same period last year.Â
Welding company K-TIG bags $600,000 order for turnkey welding system
K-TIG Limited has received a $600,000 supply and onsite commissioning order from Brewery Chemical & Dairy Engineering for the development of a Linear Precision Grow Line Circumferential Welding System
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Good Design Australia opens entries for 2026 awards
For more than six decades, Good Design Australia has celebrated the power of design to shape innovation, industry, and everyday life. Its flagship program, the Australian Good Design Awards, recognises projects that show how thoughtful design can enhance products, services, systems, and communities.
