Tag: Australia

Lockheed Martin Australia says it has completed a successful warhead detonation test in regional New South Wales alongside Northrop Grumman Australia and Thales Australia, marking a further step toward establishing sovereign guided weapons manufacturing capability in Australia.

Artificial intelligence could play a decisive role in lifting Australia’s future living standards, but only if the country takes a strategic approach to investment and control, according to the UNSW AI Institute.

The Australian Government has signed a Memorandum of Understanding with Norway aimed at supporting the acquisition and domestic manufacturing of missiles in Australia, as part of broader efforts to strengthen national self-reliance and regional security. 

Crusader Caravans has reported new data indicating shifting traveller behaviour in Australia, with growing interest in locally made caravans driven by durability concerns, long-term value considerations and ongoing cost-of-living pressures.

Manufacturing is emerging as one of the fastest-growing SME sectors in Australia, with new research from MYOB indicating the sector’s manufacturing performance is outpacing most other small and medium-sized business segments and could gain further momentum following the Federal Budget.

Australia’s manufacturing sector is set to receive targeted support under the Federal Government’s $14.8 billion fuel resilience package, with Treasurer Jim Chalmers outlining measures aimed at strengthening supply chains, securing fuel supplies and supporting domestic production amid ongoing global oil disruptions.

RTX’s Raytheon has been selected to provide SeaRAM ship self-defense systems for Australia’s new Mogami-class frigates under the Sea3000 General Purpose Frigate program.

The manufacturing-dependent construction materials sector is urging the Federal Government to prioritise its operations under Stage 3 of Australia’s National Fuel Security Plan, warning that disruptions to fuel access could halt manufacturing output and delay major construction projects, according to Cement Concrete & Aggregates Australia (CCAA).

Zero-emission trucking company New Energy Transport (NET) says it has completed what it describes as Australia’s first all-electric “end-to-end” heavy road freight delivery, positioning the milestone as evidence of electric trucking’s commercial viability while pointing to broader challenges in the freight and energy systems.

The Australian Government has announced changes to the Fuel Security Services Payment aimed at supporting domestic fuel production and helping refineries adapt to new technologies.