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Austal and Civmec join forces for landing craft heavy project

In a major boost to Australia's naval shipbuilding industry, Austal Limited and Civmec Limited have signed an MOU to form a joint venture, aiming to submit a proposal for the Commonwealth's LAND8710 Phase 2, Landing Craft Heavy project.
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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.