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Australia’s NIOA buys American firearm manufacturer Barrett

Queensland-based global defence contractor NIOA has acquired industry-leading rifle design and manufacturing company Barrett Firearms. 

New business index drags down US PMI Composite Output in December

December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global. 

XTEK ships HighCom Armor equipment to US agency

XTEK Limited’s HighCom Armor Solutions has completed the manufacturing and delivery of more than 20,000 individual items for specialist ballistic protection equipment for a US federal government agency. 

Schneider Electric to invest $46 million to modernize manufacturing plants in North America

Schneider Electric, the leader in the digital transformation of energy management and automation, has announced it will invest about $46 million in its Lexington, KY and Lincoln, NE manufacturing plants to modernize their operations and increase circuit breaker and related electrical product output for its customers in the U.S. and Canada. 

Raytheon and Northrop Grumman to manufacture world’s first air-breathing missile

Raytheon Missiles & Defense and Northrop Grumman have been selected to develop the Hypersonic Attack Cruise Missile (HACM) for the US Air Force (USAF). 

Australian craft brewers ramp up production but are held back by unplanned downtime

Media Release by OFS Research from OFS shows a 7.6% surge in craft beer production from April to June compared with the previous three...

US military veterans to benefit from Australian-Singaporean company’s ground-breaking implants following major business agreement

Media Release An Australian-Singaporean bone and tissue regeneration company will soon be helping US military veterans suffering trauma injuries and congenital defects with its ground-breaking...

Alcoa opens state-of-the-art jet engine parts facility

Alcoa has opened its new jet engine parts facility in La Porte where it will manufacture significantly larger parts and components for a wider...

3D Systems partners with Penn State to aid adoption of direct metal printing in...

3D Systems has announced that it has formed a partnership with Pennsylvania State University “to support operations at the Centre for Innovative Materials Processing...

Lockheed Martin lands $1.5bn missile interceptor deal

Maryland-based defence giant Lockheed Martin has announced that it has landed a $1.5 billion contract for production and delivery of Patriot Advanced Capability-3 (PAC-3) missiles...
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Beyond Insights: Building trust into digital transformation technologies

Digital transformation technologies are experiencing a gold rush in the manufacturing industry, not just in Australia but beyond. However, amid this surge in cutting-edge tech and automation processes, a fundamental element remains crucial: trust.