middle.news
VEEM Completes Factory Expansion and Eyes FY27 Growth on Defence and Propulsion
8:28am on Tuesday 9th of June, 2026 AEST
•
Industrial Manufacturing
Read Story
VEEM Completes Factory Expansion and Eyes FY27 Growth on Defence and Propulsion
8:28am on Tuesday 9th of June, 2026 AEST
Key Points
Factory extension adds 1,000m2 to support propulsion growth
Three new CNC machines arriving with commissioning due in Q1 FY27
FY26 revenue guidance between $50m and $52m with EBITDA $3.25m–$3.75m
Defence segment recovery led by ASC order fulfilment in 2HFY26
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Veem (ASX:VEE)
OPEN ARTICLE