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Advanced manufacturer XTEK Limited wins new spare parts order from Defence

Advanced composites manufacturer XTEK Limited has received new purchase orders totalling A$8.1m from Defence. The contract includes $5.7 million SUAS spare parts orders and a...
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.