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How Vection Technologies Won a $7.2m Defence Contract Extension

8:35am on Tuesday 29th of July, 2025 AEST Technology
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How Vection Technologies Won a $7.2m Defence Contract Extension

8:35am on Tuesday 29th of July, 2025 AEST
Key Points
  • $7.2 million follow-up defence order secured
  • Part of a $19 million budget for FY27-FY29
  • Revenue of $5.4 million expected in FY26, $1.9 million in Q1 FY27
  • No termination rights for the client on this award
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