Friday, February 20, 2026

EOS seeks green light as Ukraine weapons systems provider

ASX-listed defence and space company Electro Optic Systems is engaged in active contract negotiations on the prospective supply of a significant number of Remote Weapons Systems (RWS) and related components and spares for Ukraine. 

Quickstep inks deal with TB2 for UAV development work

Aerospace composite manufacturer Quickstep has signed a contract with unmanned aerial vehicle (UAV) developer TB2 to provide engineering and structural integration services for the incorporation of the TB2 Pod Interface system into customer aircraft. 

AstraZeneca backs LBT Innovations’ drug manufacturing AI development

LBT Innovations has partnered with AstraZeneca to develop artificial intelligence software that would be used in drug manufacturing. 

Australia’s manufacturing sector returns to growth in November, S&P Global data shows

Australia’s manufacturing sector returned to expansion in November, supported by rising new orders and production, according to the latest PMI data from S&P Global.

Australian manufacturing PMI enters contraction territory in March

Australia’s manufacturing sector saw a mild decline in March, due to lower market demand that reduced output and inventory levels, marking the first PMI contraction since May 2020. 

Australian Manufacturing PMI declines to 50.2 in December— Judo Bank

Market activity in Australia’s manufacturing sector has experienced further contraction at the end of 2022, with the seasonally adjusted S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) standing at 50.2. 

Austin Engineering announces financial report for FY2022

ASX-listed global engineering firm Austin Engineering has reported a 525 per cent growth in net profit after tax (NPAT) in its 2022 financial report.  Austin...

Bosch hits 2022 targets, secures growth opportunities

German engineering company Bosch said it was able to boost sales and performance in the fiscal year 2022 “despite the challenging macroeconomic situation” with overall sales of €88.4 billion (AUD $137.5 billion), according to preliminary figures. 

Australian industry slips further into contraction over fall in new orders

The Ai Group Australian Industry Index slumped further in March as the industry sees a fall in demand, while the manufacturing sector rebounded led by improvements in the chemicals and food & beverage sectors. 

Craft beer boom drives growth in Australia’s beer manufacturing sector

The Australian beer manufacturing industry has experienced steady revenue growth over the past decade, despite a decline in per capita beer consumption, according to a market research report by IBISWorld. 
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Australian Manufacturing Week 2026 to make Brisbane debut

Australia’s leading advanced manufacturing showcase, Australian Manufacturing Week (AMW), is set to return in 2026, marking its first-ever event in Brisbane.