Latest Asx Contracts News

VEEM has secured initial A$0.8 million purchase orders from HII for the Virginia Class submarine program, becoming the first Australian AUSSQ-qualified supplier to do so. The award gives the Perth defence manufacturer a foothold in the US submarine supply chain, although the value of future opportunities remains uncertain.

Alcidion will roll out its Miya Flow software across four Northern Care Alliance hospitals under a new A$7.5 million contract. About A$4.5 million is expected to be recognised as revenue in the current year, including a six-month renewal of the existing ExtraMed system during implementation.

Metal Powder Works has converted its first copper infiltration order into a two-year agreement worth approximately US$600,000, adding contracted demand ahead of its planned capacity expansion. Supply is scheduled to begin in January 2027.

AUCyber has added approximately $1.34 million in annual recurring revenue from two Australian university contracts, including a new 12-month deal with the University of New England worth more than $600,000 a year. The cybersecurity provider is also bidding for a separate university engagement valued at about $5.5 million, although that opportunity remains uncontracted.

KTEK Aerosystems has won a binding US$200,000 order to design an airframe component for an unnamed Israeli aerospace and defence manufacturer. The order opens a quoted US$994,100 work package and a potential US$5 million design-engineering opportunity, but almost all of that future work remains conditional.

Titomic has secured a US$5.0 million contract to install and commission its TKF 1000 cold spray system at the U.S. Air Force’s Tinker Air Force Base. Delivery is scheduled for the third quarter of 2027, subject to site coordination and approvals.

KTEK Aerosystems has secured a US$172,500 turnkey contract to design, tool and manufacture two composite prototypes for Israel-based Vestal Technology. The work adds a new customer, but any production beyond the prototypes remains uncertain.