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$21 billion defence manufacturing plan bolstered by Australia-US agreement

Australia and the United States have signed a Joint Statement of Intent to explore co-production of guided weapons and opened a joint office to support cooperation in the sector.

Northrop Grumman launches hypersonic propulsion systems manufacturing facility in US

Global defence tech giant Northrop Grumman has opened its new Hypersonics Capability Centre (HCC) in Maryland, US, to manufacture advanced propulsion solutions that can power hypersonic missiles beyond Mach 5. 
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From cost exposure to cost control: Using energy flexibility to protect margins

Electricity price volatility is reshaping the cost base of Australian manufacturing, challenging long-held assumptions that energy can be treated as a stable operational input.