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The long game: Building Australia’s nuclear submarine workforce pipeline
The Australian government announced in late February a $310 million acquisition of nuclear submarine components from the United Kingdom. The payment will support the manufacture of nuclear-powered submarines to be built in Osborne, South Australia. The investment follows a larger GBP 2.4 billion Australian contribution to expand Rolls-Royce Submarines' production capacity.
Why energy is becoming a strategic asset for manufacturers
Energy is no longer just a cost centre for manufacturers – it is fast becoming a strategic lever for efficiency, resilience and growth.
Small metal fabricator implements ERP software before even renting a warehouse
Melbourne-based metal fabricator Aston Precision grew from a spare bedroom to an established industry player in just three years.
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Business Views
Hydrix, NIOA sign manufacturing deal to advance Australian counter-drone defence capability
Hydrix has signed a binding contract with NIOA Group to support the design, development and integration of a telemetry-capable inert proximity fuze and kinetic effector payload package for small uncrewed aerial systems (sUAS), in a move aimed at strengthening Australia’s sovereign manufacturing and counter-drone Defence capability.
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AI & Manufacturing
ARM Hub BioBriefing spotlights manufacturing gap in medtech innovation
Manufacturing capability in Australia’s medtech sector and the role of AI in strengthening sovereign manufacturing were in focus at a recent ARM Hub BioBriefing in Brisbane, where industry leaders, investors and manufacturers gathered to discuss pathways to commercialisation and growth.
US industrial output retakes ground in April – Federal Reserve
The U.S. industrial sector experienced a notable recovery in April, with overall industrial production climbing 0.7%. This positive turnaround follows a 0.3% decrease recorded the previous month, according to the latest data from the U.S. Federal Reserve.
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Latest Manufacturing PMI
Australia APRIL 51.3 - Source: S&P
Global APRIL 52.6 - Source: JP Morgan
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