Latest Defense News

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HighCom Limited reports a sharp 90% reduction in net loss for FY25, turning EBITDA positive and advancing new product development with XTclave technology. Leadership changes and strategic focus set the stage for growth despite cautious US market conditions.
Maxwell Dee
Maxwell Dee
29 Aug 2025
DroneShield was not selected as the Systems Integration Partner for the Australian Defence’s LAND 156 program, yet it reported record half-year revenue and profit driven by strong global demand for its counterdrone technology.
Maxwell Dee
Maxwell Dee
28 Aug 2025
DroneShield Limited has reported a record half-year performance with revenues soaring 210% to A$72.3 million and a robust sales pipeline exceeding A$2.3 billion, underpinned by rising global defense spending and advanced AI counterdrone technology.
Maxwell Dee
Maxwell Dee
27 Aug 2025
EOS has landed a landmark €71.4 million export contract for its 100kW High Energy Laser Weapon system, marking a significant advance in counter-drone defense technology amid escalating global drone warfare threats.
Maxwell Dee
Maxwell Dee
6 Aug 2025
Electro Optic Systems (EOS) has landed a landmark €71.4 million contract from a European NATO member for its pioneering 100kW high-power laser counter-drone system, marking the first export of this class of directed energy weapon.
Maxwell Dee
Maxwell Dee
5 Aug 2025
DroneShield Limited has reported a record-breaking second quarter with revenues surging 480% year-on-year, underpinned by a robust $176 million in committed sales and a $2.3 billion pipeline. The company is aggressively expanding manufacturing and investing in next-generation counter-drone technologies to meet soaring global demand.
Maxwell Dee
Maxwell Dee
30 July 2025
DroneShield is investing $13 million to significantly expand its R&D and manufacturing footprint, aiming to boost annual production capacity nearly fivefold by the end of 2026.
Maxwell Dee
Maxwell Dee
14 July 2025
DroneShield Limited has landed a significant $11.7 million follow-on research contract from a Five Eyes Department of Defence customer, marking its fourth award from this strategic alliance.
Maxwell Dee
Maxwell Dee
8 July 2025
DroneShield has landed its largest-ever contract worth $61.6 million from a European military reseller, surpassing its entire 2024 revenue. Delivery is slated for Q3 2025, marking a significant milestone in the company's growth trajectory.
Maxwell Dee
Maxwell Dee
25 June 2025
Electro Optic Systems has secured a €31 million contract for its flagship Slinger Counter-Drone Remote Weapon System, marking its largest naval order to date from a Western European government.
Maxwell Dee
Maxwell Dee
19 May 2025
Pointerra Limited has joined forces with Leidos as a subcontractor on the US Army’s $499 million GRIDS IV program, aiming to enhance real-time geospatial intelligence through advanced AI and machine learning technologies.
Maxwell Dee
Maxwell Dee
8 May 2025
EOS is midway through a strategic turnaround, divesting non-core assets and strengthening its balance sheet while advancing cutting-edge counter-drone, high energy laser weapons, and space control technologies amid robust global demand.
Maxwell Dee
Maxwell Dee
30 Apr 2025