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BAE Systems builds momentum after winning record $65b in new orders

BAE Systems has delivered another strong year of performance in 2022, both financially and operationally, with a record order intake of £37.1 billion (AUD 65.4 billion), driving the company’s defence order backlog up to £59 billion (AUD 104 billion).
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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.