Latest Defence Contracts News

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Electro Optic Systems (ASX:EOS) has drawn down A$70m to fund the US$36m upfront payment for its MARSS acquisition, which now boasts a €140m earnout cap following a surge in Middle Eastern orders. The deal, pending completion, significantly expands EOS’s counter-drone footprint and order book.
Victor Sage
Victor Sage
15 May 2026
Ventia Services Group has landed two major Victorian road maintenance contracts worth an estimated $340 million over four years, expanding its footprint across regional and metropolitan Victoria.
Victor Sage
Victor Sage
5 May 2026
Austal Limited has won a A$136 million contract extension to build two additional Evolved Cape-class Patrol Boats for the Australian Border Force, increasing the total contracted vessels to six and reinforcing Australia's sovereign naval shipbuilding capabilities.
Victor Sage
Victor Sage
4 May 2026
archTIS delivered a 231% year-on-year increase in annual recurring revenue to A$15.1 million, marked by the full deployment of its US Department of Defense custom software and a significant contract with a US-European military alliance.
Sophie Babbage
Sophie Babbage
30 Apr 2026
xReality Group delivered a standout Q3 FY26 with a 62% jump in cash receipts and a new Mixed Reality sale to the US Department of Defense, underpinning its growing Operator XR platform.
Sophie Babbage
Sophie Babbage
30 Apr 2026
Vection Technologies has reported its third straight quarter of positive operating cash flow, driven by a $30 million Defence order book and a surge in AI contracts worth $4 million across multiple sectors.
Sophie Babbage
Sophie Babbage
30 Apr 2026
Metal Powder Works has scaled its NextGen powder production to 100 metric tonnes per annum with an industry-leading saleable yield above 95%, setting the stage for an 800MT capacity by 2028 at a fraction of conventional costs.
Maxwell Dee
Maxwell Dee
29 Apr 2026
HighCom Technology secures a nearly A$10 million contract from the Australian Defence for counter small uncrewed aerial systems, marking its first major C-UAS order and reinforcing its defence sector presence.
Victor Sage
Victor Sage
28 Apr 2026
AML3D has maintained a steady $2.2 million quarterly revenue run rate and secured $12.5 million in new orders during 3Q26, pushing its total orders for FY2026 to $29 million. The company is aggressively expanding its US manufacturing footprint and making initial inroads into UK and European defence markets.
Victor Sage
Victor Sage
27 Apr 2026
Elsight Limited has reported a staggering 12-fold revenue increase in Q1 2026 to US$11.6 million, driven by strong U.S. defence contracts and early commercial traction. The company also soft-launched a GNSS-denied positioning product, marking a strategic shift toward a broader uncrewed systems platform.
Sophie Babbage
Sophie Babbage
22 Apr 2026
Metal Powder Works nearly doubled its powder revenue in Q1 2026 while maintaining strong margins, secured its first NATO defence contract under the UK Ministry of Defence’s Project TAMPA, and advanced its Next Gen powder production system on schedule.
Maxwell Dee
Maxwell Dee
22 Apr 2026
Electro Optic Systems (ASX: EOS) wraps up a three-year turnaround, reporting a $459 million order backlog despite a 27% revenue drop. The company expands its counter-drone and space control portfolio with the acquisition of the UK-based Interceptor business and a pending deal for MARSS, a European command-and-control software provider.
Victor Sage
Victor Sage
17 Apr 2026