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South Korea’s Hanwha wins $7B Australian Defence contract for IFV manufacturing

Hanwha Defense Australia has secured a $7 billion contract to deliver and support 129 locally built Redback infantry fighting vehicles (IFV) for the Australian Army. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.