German shipbuilder ThyssenKrupp is continuing to advance its case for the federal government's upcoming submarine contract, worth around $20 billion, partnering with Civmec to build a small demonstration hull in Perth.
Australia's defence capability acquisition projects have a poor historical record in terms of cost and schedule, largely due to Canberra's failure to acknowledge and support reliable industry performance.
Henderson-based engineering firm Civmec has moved to gain a foothold in the east coast defence shipbuilding industry by striking an agreement to purchase the projects division of private company Forgacs Engineering.
The Australian Submarine Corporation should be privatised, while Australian workers have the capability to produce defence projects locally, Austal chief executive Andrew Bellamy said today.
Local manufacturer Civmec has announced plans to further diversify its services, with the formation of a new defence business unit and a $30 million spend to expand its Henderson facilities.
A joint venture between Civmec and Sedgman has won a $145 million engineering, procurement, construction and commissioning contract at BHP Billiton's Jimblebar iron ore mine in the Pilbara.
Downer has terminated its contract with Spanish construction company Tecnicas Reunidas on the Burrup ammonium nitrate project, joining a string of contractors to be hit by contractual disputes on big projects over the past year.
Perth-based construction, fabrication and maintenance companies AusGroup and Civmec have proved resilient in the face of the resource sector slowdown, with AusGroup today joining its competitor in reporting solid growth over the past year.
GR Engineering has reported strong growth in revenue and earnings, eclipsing a clutch of engineering and construction contractors to report their annual results today.
Cost cutting can only take a business so far, and with tough times set to continue for mining services contractors, innovation and diversification have a big role to play. Click through to see more on our Mining Services feature.
Henderson-based engineering and construction firm Civmec has been awarded a number of contract wins and extensions, including more work on the new Perth Stadium, with a combined value of $68 million.
Henderson-based construction services company Civmec plans to purchase a 21-hectare waterfront site in Indonesia from engineering group Technip, as it seeks to lower its cost base by building up its overseas operations.
Construction contractors Laing O'Rourke and AECOM have been selected to build the train station and associated railway infrastructure at the new Perth Stadium, in a deal worth $100 million.
The Wirrpanda Foundation, which is one of nine Western Australian groups pioneering a new indigenous training and employment program in the state, has put contractors who over promise and under deliver on notice.
Perth-based engineering and construction contractor Civmec has reported a 29.3 per cent rise in half-year profit to $S18.4 million, along with a 97.8 per cent leap in revenue to $S296.6 million.
Queensland-based contractor Goodline has been brought onto the Roy Hill iron ore project to finish work left incomplete following the termination of Laing O'Rourke's $200 million plus contract earlier this week.
Perth-based engineering and construction contractor Civmec has reported a 37.7 per cent rise in net profit for the September quarter to $S11 million, and a 140 per cent leap in revenue to $S170.2 million.
Commercial real estate agency Colliers International has been appointed to sell engineering group Bradken's old foundry site in Henderson, expecting the 20,500 square metre site to attract offers e
Engineering and construction contractor Civmec opened its $20 million office at its headquarters in Henderson today as the company prepares to expand its workforce by 30 per cent.
Southern Cross Electrical Engineering has bolstered its order book, securing electrical and instrumentation works worth more than $10 million at Rio Tinto's Nammuldi below water table project.
Ten years ago this month, one of the state's most debated infrastructure projects opened at the Australian Marine Complex in Henderson. Business News analyses its impact.
VDM Group has sold the surplus assets of its subsidiary Civmec, including the name, for more than $2 million as part of the group's restructure and consolidation strategy.
VDM Group is expecting a better second half performance after forecasting its first half profit to fall to $3 million, prompting its shares to fall by as much as 63 per cent in trade today.
VDM Group Ltd subsidiary Civmec Construction & Engineering Pty Ltd together with its joint venture partner UK-based Laing O'Rourke have been awarded a $146 million project by Argyle Diamonds.
VDM Group Ltd subsidiary, Civmec Construction & Engineering Pty Ltd, has been awarded a $30 million contract to construct a permanent mine camp at Moorvale Queensland.
Northbridge-based VDM Group Ltd subsidiary Civmec Construction and Engineering Pty Ltd has been awarded a $23 million construction contract by Monadelphous Group Ltd for work at Xstrata's Mt Isa mine.
National civil and structural engineering player VDM Group Ltd has just completed a $12 million capital raising to fund an aggressive acquisition strategy and support current contracts worth nearly $70 million.
Perth-based international consulting, engineering and contacting company, VDM Group, has its sights on further acquisition-based expansion and expected listing on the Australian Stock Exchange in the middle of next month.
