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XTEK’s HighCom receives $2.8M ballistic armour order from int’l customer

XTEK Limited’s HighCom Armor Solutions business has secured a $2.8 million order to supply its high-end ballistic body armour products to an undisclosed international customer. 

XTEK expects record revenue of $88m in upgraded FY23 forecast

Defence industry company XTEK has updated its FY23 results guidance, anticipating record revenues for FY23 of between $86 million to $88 million up by circa 50 per cent compared to the previous recorded revenue of $58.2 million. 

Advanced manufacturer XTEK Limited wins new spare parts order from Defence

Advanced composites manufacturer XTEK Limited has received new purchase orders totalling A$8.1m from Defence. The contract includes $5.7 million SUAS spare parts orders and a...
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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.