Latest Defence Sector News

Ionic Rare Earths advances its global rare earths strategy with significant UK government funding, increased heavy rare earth oxide production, and a $15.6 million capital raise backed by a strategic US investor.

Elsight Limited has reported a landmark Q3 2025 with record revenue growth and sustained profitability, driven by booming defence budgets and expanding commercial drone markets.

AML3D Limited reported steady quarterly receipts alongside a landmark US Navy Letter of Intent and significant orders, underpinning a major growth phase in the US and Europe.

Australian Strategic Materials (ASM) reports significant progress in rare earth metals production and strategic growth, including a major capital raise and advances in its Dubbo and US projects.

Etherstack has secured a £14.2 million contract with the UK Home Office to provide critical software for the Emergency Services Network, reinforcing its global leadership in public safety communications.

CuFe Ltd has raised $5.4 million through a strategic placement to fund exploration and feasibility studies at its Tennant Creek Copper/Gold project, including a focus on critical mineral bismuth.

Aurora Labs has partnered with Sovereign Propulsion Systems to advance testing and commercialisation of its novel turbine engines for defence applications, marking a significant step in UAV propulsion innovation.

Aurora Labs has raised $5.5 million through a strategic placement, partnering with Sovereign Propulsion Systems to advance its drone propulsion technology and expand manufacturing capabilities.

SRG Global has agreed to acquire marine infrastructure leader TAMS for $85 million, aiming to enhance its recurring revenue and expand its market footprint. The deal is expected to deliver a 25% EPS accretion in FY26, marking a strategic step in SRG’s growth trajectory.

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.

Eclipse Metals has raised $4 million to accelerate drilling and resource upgrades at its Greenland rare earths project, while preparing for a potential NASDAQ dual listing.

Ventia Services Group has secured a substantial $935 million contract to provide clothing services to the Australian Defence Force, marking a significant expansion of its defence sector presence.