Latest Defence Sector News

Symal Group (ASX: SYL) delivered record FY26 results, surpassing $1 billion in revenue and completing four strategic acquisitions to diversify its infrastructure services platform.

1414 Degrees has inked a letter of intent with South Korea’s JR Energy Solution to jointly develop and scale battery cells using its SiNTL silicon anode technology, targeting defence, UAV, space, and robotics markets.

Li-S Energy has shipped its first lithium-sulfur battery cells to the US Army DEVCOM C5ISR Center, marking a key milestone in its commercialisation and opening a pathway into US defence procurement.

Ventia Services Group reported a 4.7% revenue decline in HY26 but boosted underlying EBITDA by 8.2%, delivering margin expansion and raising its fully franked interim dividend while upsizing its buyback program.

International Graphite Limited has closed a $4.4 million placement, securing cornerstone investors including Xcelsior Capital to fund expansion of graphite processing operations in Australia and Europe.

Aurora Labs posted a 36% increase in net loss to $5.1 million for FY2026 despite securing key defence contracts and partnerships. The company is transitioning from R&D to early commercialisation of its micro gas turbine propulsion systems, backed by a $5.5 million capital raise and government grants.

AnteoTech has formalised a strategic alliance with South Korea’s Xerabrid to co-develop and commercialise a breakthrough battery separator combining their proprietary technologies, targeting high-performance applications in eVTOL, EVs, and consumer electronics.

Etherstack posted a record $8.5 million in revenue for the first half of 2026, driven by strong project and support income, but statutory profit fell 67% due to front-loaded costs and higher expenses.

NAOS Emerging Opportunities Company Limited (ASX: NCC) delivered a robust FY26 with a 2416% surge in after-tax profit and an 18.7% portfolio return, outperforming the benchmark by over 10%. The company raised its fully franked dividend by 5%, signaling confidence amid a challenging market.

Ragusa Minerals has pinpointed 14 priority drill targets at its historic Black Rock Manganese Mine site in Arizona, following a detailed induced polarisation survey that reveals significant extensions of high-grade manganese mineralisation.

Service Stream Limited (ASX: SSM) posted a modest 1.1% revenue rise to $2.35 billion for FY26, driven by Utilities and Asset & Facility Management growth, including a new Defence contract. EBITDA from operations surged 11.8% to $163.4 million, while statutory NPAT dipped 3.8% due to $21.2 million in ERP modernization costs. The company declared a final dividend increase to 3.5 cents per share.

Adrad Holdings delivered a 15% rise in net profit after tax for FY26, driven by operational efficiency and growth in engineered heat transfer solutions, alongside a 15% dividend increase.