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XTEK hits record high of $48.5m in H1 FY23

Defence industry company XTEK has delivered a record half-year revenue of $48.5 million as it maintained its sharp focus on core capabilities and the implementation of its strategic plan, the company said in its recent results investor update. 

Lockheed Martin Australia unveils AIR6500 solution with $83b export market potential

Lockheed Martin Australia has introduced its proposed AIR6500 solution, featuring a Battle Management System that could combine inputs from the Defence Department's extensive network of highly capable sensors into a single, actionable picture, providing clarity and cohesion to a challenging undertaking. 

XTEK secures $800K defence grant for product dev’t

Defence industry company XTEK has received two Department of Defence grants totalling $800,000 intended to purchase new advanced manufacturing equipment and accelerate product development.

XTEK to deliver new small drone to Australian Defence Department

The Australian Department of Defence has made a $26.9 million purchase order for XTEK Limited’s new Small Unmanned Aerial Systems (SUAS). 

Manufacturers may face disadvantages with Budget redirection— analyst

The federal government’s move to redirect funding from the Modern Manufacturing Initiative (MMI) and Fund (MMF) may significantly disadvantage manufacturers, according to RSM Australia,...

Northrop Grumman AU showcases Joint Air Battle Management System for Defence

Northrop Grumman Australia has successfully completed the demonstration of a sovereign, fifth-generation Joint Air Battle Management System (JABMS) for the AIR6500 Program Office in...

New electric Bushmaster unveiled at recent Chief of Army Symposium

The Australian Department of Defence has revealed the new electric-powered Bushmaster at the recent Chief of Army Symposium, a three-day event that gathered the...

Royal Wolf Wins $51 Million Defence Contract

Media Release By Royal Wolf National shipping container company Royal Wolf has won a $51m contract to build 300 Personnel Restraint Modules for the Department of...

Government announces more than 300 defence nuclear science and engineering scholarships

Defence Minister Peter Dutton has announced the creation of more than 300 scholarships over the next five years to boost Australia's nuclear scientific and engineering workforce. Minister...

DroneShield wins $800k contract with the Department of Defence

DroneShield has secured a $800,000 contract with the Australian Department of Defence (DoD) to carry out works related to Artificial Intelligence in multi-domain applications. DroneShield’s...
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