Latest Contract Awards News

WestStar Industrial’s subsidiary SIMPEC has landed a significant $8 million contract to supply and install ventilation systems for the NSW Government’s Western Harbour Tunnel, marking a strategic expansion into Sydney’s infrastructure sector.

Theta Gold Mines has officially begun construction at its flagship TGME Gold Mine in South Africa, securing key contracts and funding support that pave the way for production by early 2027.

Downer EDI Limited has won a $3.05 billion contract to provide base and estate services to the Australian Department of Defence, significantly expanding its operational regions and responsibilities over the next decade.

Service Stream Limited has landed a major long-term contract with the Australian Department of Defence to manage property and asset services across South Australia and the Northern Territory, marking a significant expansion into defence infrastructure support.

RemSense Technologies has landed its inaugural contract with Shell Energy to deploy its virtualplant platform for offshore facility commissioning, marking a pivotal step in its global expansion.

DroneShield Limited has responded to ASX scrutiny over its disclosure of losing a $45.9 million Systems Integration Partner contract for Project LAND 156, denying the information was material to investors.

Austal Limited secures a significant US$314 million contract option from the US Coast Guard, advancing the Offshore Patrol Cutter program with orders for three additional vessels.

Metallium Ltd has won its first U.S. Department of Defense SBIR contract to advance domestic recovery of gallium using its innovative Flash Joule Heating technology. This milestone positions the company for larger future contracts and supports critical mineral supply chain resilience.

WestStar Industrial reports a 36% revenue decline and a $3.4 million net loss in FY25, driven by reduced activity at SIMPEC. New contract wins post-year-end signal a potential turnaround for FY26.

xReality Group (XRG) reports a landmark FY25 with 36% revenue growth driven by its Operator XR platform and a major US law enforcement contract. The company’s strategic shift towards immersive training technology signals robust momentum into FY26.

Energy Technologies Limited reported a $11 million net loss for FY2025, reflecting a strategic pivot and ongoing capital challenges. Despite a 37% revenue drop, management highlights operational resilience and plans to stabilise through capital management.

Caravel Minerals has appointed Primero Group as the EPCM contractor for its Caravel Copper Project, with the Definitive Feasibility Study now fully funded and on track for completion in early 2026.