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US Congress greenlights key measures in NDAA 2024 for AUKUS submarine transfer

The United States Congress has passed the 2024 National Defense Authorization Act (NDAA), a comprehensive legislation that not only addresses critical aspects of Australia’s nuclear-powered submarine program but also establishes key exemptions for both Australia and the United Kingdom from US defence export control licensing.

US Senate approves bill to support manufacturing of US-made semiconductors

The US Senate has passed the Chips and Science Act of 2022 on a 64 to 33 bipartisan vote, sending the much-anticipated legislation to...
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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.