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Woolworths Group reported Australian Food sales of $53.85 billion for F26, up 4.6 per cent, with segment EBIT of $2,953 million up 8.5 per cent on the prior year. Group sales reached $71.5 billion, up 3.6 per cent, with group EBIT before significant items of $3,105 million, up 12.7 per cent. Net profit after significant items was $1,138 million, up 18.1 per cent. Read more
BAE Systems has announced it will shed employees at Williamstown in Melbourne, or about 10 per cent of the shipyard’s 800-strong marine production work force, due to “an unavoidable shortfall in scheduled production work.”
Following on quickly from successful armour protection and C2 integration tests, Raytheon Australia has announced better than expected performance from the AS-9 “Aussie Thunder” self-propelled howitzer’s (SPH) Aselsan weapon management system — particularly when firing demanding Multiple Round Simultaneous Impact (MRSI) fire missions.
Raytheon Australia has signed a Co-operative Research and Development Agreement (CRADA) with DSTO to evaluate leading-edge intelligence, surveillance and reconnaissance (ISR) capabilities for Australia.
Boeing Integrated Defense Systems (IDS) has completed final assembly on the first P-8A Poseidon for the US Navy and the aircraft is now undergoing preflight preparation work.
Pratt & Whitney Canada has established a new parts distribution centre (PDC) in Sydney to speed delivery times to customers in Australia and New Zealand.
Lockheed Martin won a competitive contract to support land-based vehicle sustainment for all of the US military's land-based vehicles over 10 years.
The Australian Army’s 1st Battalion, Royal Australian Regiment (1RAR) has deployed to Germany to participate in Exercise Co-operative Spirit 08 (CS08), a multinational exercise intended to test interoperability among the American, British, Canadian, Australian and New Zealand Armies (ABCA).
Thales Australia has commenced employee training in enhanced Electronic Warfare capabilities with support from the Skilling Australia’s Defence Industry (SADI) Program, Greg Combet, the Parliamentary Secretary for Defence Procurement, has announced.
The ALR-67(V)3 radar warning receiver that equips the US Navy F/A-18E/F Super Hornet and the RAAF’s upgraded ‘classic’ Hornet, has earned Raytheon and its US Navy partner a Performance-Based Logistics Award from the Office of the Secretary of Defense.
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