middle.news

VEEM Secures $65M Collins Submarine Contract, Eyes FY26 Growth

8:30am on Tuesday 12th of August, 2025 AEST Manufacturing
Read Story

VEEM Secures $65M Collins Submarine Contract, Eyes FY26 Growth

8:30am on Tuesday 12th of August, 2025 AEST
Key Points
  • Six-year, $65 million contract renewal with ASC Pty Ltd
  • Continued supply of specialised parts for Collins Class submarines
  • Preliminary FY25 EBITDA between $8.5m and $9.5m
  • FY25 NPAT expected between $2.75m and $2.85m
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Veem (ASX:VEE)
OPEN ARTICLE