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VEEM Secures $14M to Fuel US Defence Expansion with Northrop Grumman Deal

10:00am on Tuesday 30th of September, 2025 AEST Defence
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VEEM Secures $14M to Fuel US Defence Expansion with Northrop Grumman Deal

10:00am on Tuesday 30th of September, 2025 AEST
Key Points
  • Completed $14 million placement supported by major shareholders
  • Signed 9-year Manufacturing Licence Agreement with Northrop Grumman
  • Achieved Level 1 accreditation with Huntington Ingalls Incorporated Newsport News Shipbuilding
  • First request for quote received under new US defence agreements
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