Business

Nova Systems has announced it will invest an initial $2 million to establish an Australian-first Test and Evaluation Centre of Excellence.

Electro Optic Systems (EOS) has filed its half-year results, which revealed a 45 per cent drop in revenue and a net operating loss of almost $99 million.

ASDAM has announced the acquisitions of TAE Aerospace and RUAG Australia, which now join Marand and Levett as part of the ASDAM Group.

Hanwha Defense Australia (HDA) has opened its new corporate headquarters on Bourke Street in Melbourne.

Beca has appointed Daniel Foley to its Australian Defence and National Security team as Business Director – International Engagement, based in Beca's Melbourne office.

The company is developing a new generation of ultrasensitive “software-defined” quantum sensors for use in measuring gravity, motion and magnetic fields.

Motorola Solutions has acquired Perth-based Barrett Communications, a global provider of specialised radio communications.

Leidos has announced it has entered into a definitive agreement with Cobham Limited to acquire Cobham Aviation Services Australia’s Special Mission business.

Electro Optic Systems (EOS) has announced the appointment of Dr Andreas Schwer as Chief Executive Officer, effective 1 August 2022.

Defence Coating Systems has invested almost half-a-million dollars into an on-site defence coating facility at their Wingfield factory and further secured a contract with Kongsberg to paint the NASAMS Mk 2 Canister Launchers.

Anywise, a veteran owned and operated consultancy, has been named a '2022 Best for the World' B Corp in recognition of its positive impact through overall governance practices.

Airbus has appointed Stephen Forshaw as the company’s new Chief Representative for Australia and New Zealand, with effect 1 August 2022.

Defence ICT company Insitec has signed a $26.5 million deal to acquire technology recruitment specialists The Network, key to ensuring a steady supply of skilled talent to support the company’s growth.

AeroPM has partnered with veteran-owned and operated well-being and safety company Sonder as a modern alternative to an Employee Assistance Program.

Boeing has announced the opening of a new Distribution Centre in Brisbane, expected to double the company's local aviation spare parts inventory.

AeroPM has secured new facilities within Lot Fourteen in Adelaide and have commenced a long-term agreement with Renewal SA.