Latest Defence Sector News

SHAPE Australia Corporation Limited reported a robust FY25 with revenue climbing 14% to nearly $957 million and net profit after tax soaring 32%, driven by strategic diversification and geographic expansion.

SRG Global Limited has reported a landmark FY25 with revenue surpassing $1.3 billion and net profit rising 38%, driven by strategic acquisitions and robust contract wins across Australia and New Zealand.

Ventia reported solid HY25 results with profit growth and a 43% dividend increase, underpinned by major contract wins and an upgraded FY25 outlook.

Battery Age Minerals has confirmed significant concentrations of rubidium, caesium, tantalum, and gallium alongside strong lithium grades at its Falcon Lake project, highlighting substantial exploration upside.

Nagambie Resources has completed a $1.2 million capital raise to fund diamond drilling at its Nagambie Mine, targeting a recent high-grade gold-antimony discovery and updating its mineral resource estimate.

Orbital Corporation has denied any undisclosed information behind its recent share price jump, attributing market interest to strategic leadership appointments aimed at expanding its UAV propulsion business.

Vection Technologies has reported its first positive underlying EBITDA for FY2025, driven by strong growth in its Defence sector. The company sets ambitious FY2026 revenue targets of $70 million, underpinned by a robust $50 million sales pipeline and cutting-edge AI and spatial computing solutions.

AML3D has successfully commissioned its ARCEMY X system at the Tennessee Valley Authority, marking a significant milestone in its US expansion beyond defence into the energy sector.

Duratec Limited has acquired EIG Australia for up to $9 million, significantly boosting its fuel infrastructure and electrical services capabilities across key Australian sectors including Defence and Mining.

Hydrix Limited reports steady June quarter revenues with a 10% rise from the prior quarter, supported by new contract wins and a robust $40 million project pipeline.

Electro Optic Systems (EOS) has secured its largest-ever order for the Slinger Counter-Drone system, boosting its contract backlog by 25% to $170 million and reporting strong cash flow and a debt-free balance sheet.

Larvotto Resources has given the final nod to develop its Hillgrove Antimony-Gold Project in NSW, fully funded and moving into construction with production set for mid-2026.