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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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What spending reveals about downstream consumer demand for manufactured goods

For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.