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Body armour manufacturer XTEK secures $3.2M int’l ballistics order

Defence industry company XTEK Limited announced that its subsidiary, HighCom Armor Solutions Inc (HighCom), has received a new purchase order worth $3.2 million to supply ballistic body armour products to an undisclosed international military customer.

China’s PMI shows manufacturing activity decline in October

The Chinese manufacturing industry’s purchasing manager index (PMI) has seen a 0.9 per cent decrease in October, indicating a shrinking market activity in the country. 
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Data-rich or data-poor: Where should manufacturers focus their AI efforts?

Over the past year, manufacturers worldwide have made significant strides in adopting artificial intelligence technologies, moving beyond the initial hype to tangible implementations that deliver real business value.