Latest Defence Projects News

BluGlass has embarked on a A$1.25 million development program with a major US defence prime, receiving an initial A$560,000 order to develop cutting-edge visible GaN lasers for aerospace and defence applications.

Australian Vanadium Limited has broadened its Optimised Feasibility Study to include high purity vanadium products aimed at aerospace, defence, and advanced manufacturing sectors, aligning with evolving critical minerals demand without delaying project timelines.

PWR Holdings has secured a US$9.1 million follow-on contract to supply advanced cooling solutions for a US government aerospace and defence project, extending its involvement through FY 2027.

Symal Group Limited is acquiring an 80% stake in Davison Earthmovers for $23.2 million, marking a strategic expansion into South Australia's civil infrastructure market. The acquisition is expected to be earnings accretive from the first year and includes significant plant and equipment assets.

Saunders International has landed a $20 million subcontract to upgrade fuel infrastructure at RAAF Base Learmonth, marking a strategic expansion in Western Australia’s defence sector.

Dateline Resources reaffirms its Colosseum Gold-REE Project metrics and economics while navigating ongoing legal proceedings involving its CEO and rare earth tenements in the US.

VEEM Limited reported a year of consolidation in FY25 with solid second-half growth driven by new defence contracts and the promising launch of its VEEM Extreme propulsion system. Despite a revenue dip, the company is poised for a stronger FY26 backed by strategic US defence partnerships and product innovation.

SRG Global has landed $650 million worth of contracts spanning water, defence, energy, and more across Australia and New Zealand, reinforcing its position as a diversified infrastructure leader.

Harvest Technology Group reported improved EBITDA and secured new customers across mining, defence, and border control sectors in Q1 FY2026, supported by $2.13 million raised through convertible notes and loans.

Austal Limited reported a robust FY2025 with revenue up 24% and EBIT doubling, underpinned by a landmark Strategic Shipbuilding Agreement with the Australian Government and significant US contract wins.

SRG Global has agreed to acquire Total AMS Pty Ltd (TAMS), a leading marine infrastructure services provider, for $85 million, significantly enhancing its revenue and earnings profile for FY26.

VEEM Limited has completed a $14 million placement to accelerate its growth in the defence sector, highlighted by a new 9-year manufacturing licence agreement with Northrop Grumman valued initially at US$33 million. This positions VEEM alongside major US defence contractors and signals a significant step into the expanding submarine and naval supply chains.