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VEEM Secures $65M Collins Submarine Contract, Eyes FY26 Growth
8:30am on Tuesday 12th of August, 2025 AEST
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Manufacturing
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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
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