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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). 
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The economic forces driving manufacturing’s next cycle

Australia’s manufacturing sector entered 2026 with improving momentum, but renewed global disruption is again testing resilience across the industry.