News Desk

Australian company secures Defence construction work

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The United States Force Posture Initiatives continue to provide opportunities for local industry, as another Australian company secures United States-funded work to develop infrastructure in the Top End. Australian businesses and joint ventures have won four of five United States-funded contracts awarded to the value of US$198.4 million (approximately $296.2 million AUD) since the beginning …

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Biden Signs National Defense Authorisation Act

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President Joe Biden has signed the Fiscal 2023 National Defence Authorisation Act into law allotting $816.7 billion to the Defence Department. The act means a 4.6 percent pay raise for military and civilian members of the department, and includes $45 billion more than originally requested to counter the effects of inflation and to accelerate implementation …

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BAE Systems secure deal for 436 ATVs

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Sweden, Germany, and the United Kingdom have reached an agreement with BAE Systems to purchase 436 BvS10 all-terrain vehicles. The joint procurement, worth $760 million, is in support of Arctic operations for the Collaborative All-Terrain Vehicle (CATV) program. BAE Systems’ military all-terrain vehicles are designed for operations in the harshest and most remote environments and …

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Boom Supersonic launches Symphony propulsion system

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Boom Supersonic, the company building the world’s fastest airliner, today announced Symphony, a new propulsion system designed and optimized for its Overture supersonic airliner. Boom also announced that it will be teaming with three industry leaders to develop Symphony including Florida Turbine Technologies (FTT) for engine design, GE Additive for additive technology design consulting, and …

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Airbus creates Digital Academy in partnership with Udacity

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Global aerospace pioneer Airbus has created a world-class Digital Academy to empower its employees with data-driven skills, as part of its mission to invest in its people and nurture internal talent amid the industry’s skills shortage. The Digital Academy, created in partnership with digital talent transformation platform, Udacity, has generated a 237% return on investment through productivity gains …

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Australian Company to Illuminate Hunter Class Frigates

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Australian business REDARC Defence & Space has been awarded a $23 million contract to supply 12,600 LED lights for the first batch of three Hunter class warships. The contract is the culmination of a five-year collaboration between REDARC and UK company MARL International which will see Lonsdale-based REDARC lead the manufacture and delivery of lighting …

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Finnish MoD authorise procurement of missiles

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The Ministry of Defence authorised the Defence Forces to order SPIKE SR, LR2 and ER2 missile systems. The procurement was implemented through NATO Support and Procurement Agency (NSPA) and the Land Combat Missiles partnership programme. The product manufacturer is Rafael Advanced Defense Systems Ltd. The procurement also includes munitions, training equipment, maintenance equipment, training, documentation …

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Precision Optics secures new product development deal

Precision Optics announces new product development order

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Precision Optics Corporation, Inc., a designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced the receipt of an initial product development order for a next generation single-use urology program totaling approximately $750,000 from an established medical device company leveraging the Company’s unique expertise in micro-optics, medical systems, and digital imaging. This …

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