Latest Defence Industry News

BluGlass Limited has secured its first order from the Indian Department of Defence and reported a significant 16% improvement in visible laser efficiency, alongside raising $7.6 million to support growth.

VanEck Global Defence ETF, launched in September 2024, has reported a solid AUD 2.8 million profit in its first interim financial results ending January 2025, marking a promising start for the defence-focused fund.

AML3D has appointed Arc Additive as its UK and European distribution partner, marking a strategic push into key manufacturing and defence markets across Europe. This move follows a successful capital raise and a contract with BAE Systems UK, underpinning AML3D’s growth ambitions.

DroneShield Limited has secured a $5 million contract under Australia’s Project LAND156 to supply portable counter-drone systems to the Australian Defence Force, positioning itself as a key player in the nation’s evolving defence technology landscape.

Metal Powder Works has significantly expanded its production capacity and customer base in the June 2025 quarter, while securing strategic partnerships that position it strongly in defence and nuclear sectors.

Civmec Limited has announced a series of new contracts and extensions valued at more than A$600 million, including the integration of the SEA1180 maritime defence program following its acquisition of Luerssen Australia. The company is also advancing major infrastructure and green energy projects, signaling robust growth and diversification.

Elsight Limited reports record-breaking revenue growth in Q2 and H1 2025, driven by major defence contracts and expanding market opportunities, positioning the company for profitability later this year.

Civmec Limited has completed its acquisition of Luerssen Australia, reinforcing its position in Australia's naval shipbuilding industry and supporting key defense programs.

Electro Optic Systems projects first-half 2025 revenue between A$40 million and A$45 million, underpinned by a major Middle East contract and a growing contract backlog now at A$170 million.

Civmec Limited has agreed to acquire Luerssen Australia for AUD 20 million, a move set to consolidate its position as a sovereign Australian shipbuilder and enhance its capabilities in naval vessel production.

BluGlass has successfully raised $7.6 million through a placement and Share Purchase Plan to accelerate production of its advanced gallium nitride lasers and support a robust contract pipeline.

Ionic Rare Earths is advancing plans for multiple magnet recycling plants in the US, leveraging patented technology to produce high-purity rare earth oxides amid growing demand for sovereign supply chains.