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Axiom Precision Manufacturing to provide ground support equipment for Kongsberg’s naval strike missile

Axiom Precision Manufacturing announced its latest contract agreement with Kongsberg Defence Australia (KDAu) for the production and supply of ground support equipment designed for the Naval Strike Missile (NSM) under SEA 1300 Phase 1 - Navy Guided Weapons.
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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.