13 days agoCBG Systems Secures $83M Insulation Contract from BAE for Australian Frigates
CBG Systems has been awarded an **$83 million** subcontract by **BAE Systems Maritime Australia** to provide insulation for three **Hunter-class frigates**. This contract underscores the maritime defense sector's support for local small-to-medium enterprises and indicates ongoing investments in Australia's naval capabilities.
138 days agoFMM Calls for Urgent Enforcement of Malaysia's Government Procurement Act 2025
The Federation of Malaysian Manufacturing (FMM) urges the government to enforce the Government Procurement Act (GPA) 2025 immediately. This move aims to enhance transparency and accountability in public procurement, supporting local SMEs and fostering a better investment climate amid global disruptions.
139 days agoSouth Korea Moves to Localize Semiconductor Manufacturing for Defense
To reduce its 99% dependency on semiconductor imports, South Korea's defense sector is heavily investing in localizing photonic semiconductor production. This strategic shift offers procurement opportunities for contractors and companies focusing on advanced semiconductor technologies and defense applications.