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Lockheed Martin wins $110m contract to develop new missile for AFRL

Lockheed Martin has announced that it has been awarded a $110 million, five-year Phase 1 contract from U.S. Air Force Research Laboratory (AFRL) to create a...

New Defence CRC for Trusted Autonomous Systems to be established in Queensland

Federal Minister for Defence Industry Christopher Pyne last week announced the establishment of Australia’s first Defence Cooperative Research Centre (CRC) for Trusted Autonomous Systems. The...

SAAB Australia to provide tactical interface for Future Frigates – new work to generate...

Defence and security company SAAB Australia has announced that it has been selected by the Australian government to provide the tactical interface to the...

Northrop Grumman inks deal to buy aerospace manufacturer Orbital ATK for $9.2bn

Northrop Grumman has announced that it has reached an agreement to buy global leader in aerospace and defence technologies Orbital ATK Inc. for $9.2...

Victorian Government buys Holden’s landmark plant for reported $130m

The Victorian Government has agreed to purchase Holden’s iconic manufacturing plant in Melbourne for $130 million, paving the way for plans to develop a...

BAE Systems inks deal with Australian Government for Future Frigate Program

BAE Systems has announced that it has signed an agreement with the Australian Government regarding the update of its Type 26 Global Combat Ship,...

$7.2m for new food processing technology in Tasmania

Improved rations for soldiers will be produced using new innovative technology at food research centres in northern Tasmania. The Australian Government has announced that it...

Aerospace and defence technologies leader Orbital ATK successfully tests 3D printed hypersonic engine combustor

After being selected by NASA to deliver cargo to the International Space Station – which is quite an achievement as well – global leader...

Austal announces management changes

Austal’s Andrew Bellamy will step down from his roles as Managing Director and CEO of the global ship contractor after five years of service,...

Lockheed Martin opens new $3m lab in SA to support RAN next-gen submarine force

In collaboration with Saab Australia and Thales Australia, global defence company Lockheed Martin has officially opened its new high-tech laboratory in Adelaide which is intended to...
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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.