Bisalloy Steel Group Ltd (AU:BIS) has released an update.
Bisalloy Steel Group Ltd has initiated a key partnership with U.S. defense contractor Newport News Shipbuilding to supply processed Australian steel for submarine supply chain integration. This strategic move signifies Bisalloy’s entry into the AUKUS program’s supply base, following a contract for Australian steel qualification by the Australian Submarine Agency. The company celebrates this development as a significant step forward for Bisalloy, Illawarra, and the broader Australian manufacturing sector.
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