Latest Defence Contracts News

Vection Technologies has secured approximately $1.1 million in new orders for FY26, including a $572k extension with a classified defence partner supported by Dell Technologies and $513k in Algho AI platform contracts across four enterprise sectors.

Eden Innovations appoints former European Parliament member Antanas Guoga to lead EdenShield’s push into European defence and critical infrastructure markets amid surging regional security spending.

Ventia Services Group reported a strong FY25 with revenue of $6.1 billion and 13% NPATA growth, while CEO Dean Banks announced his planned departure later this year. The company reaffirmed its FY26 guidance and highlighted growth opportunities in Defence, Digital Infrastructure, Energy, and Water.

Hydrix Limited has bolstered its balance sheet by raising $3.89 million and converting $5.1 million of debt into equity, positioning itself to expand its Defence technology footprint following a $1.2 million contract with NIOA Group.

Operator XR, a subsidiary of xReality Group, has landed its first European deal supplying a VR tactical training system to the Swedish Armed Forces, marking its debut in NATO markets.

Electro Optic Systems (ASX:EOS) has closed its three-year turnaround and is now poised for growth, backed by a landmark high-energy laser contract, a major European acquisition, and a $175 million capital raise.

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.

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.

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.

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.

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.

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.