Latest Defence Sector News

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Red Mountain Mining has significantly increased its presence in Idaho’s critical minerals sector by acquiring the Silver Dollar Antimony Project, adding high-grade historical antimony-gold mineralisation to its portfolio. This move enhances RMX’s strategic position in the US critical metals market.
Maxwell Dee
Maxwell Dee
7 Oct 2025
Vection Technologies secures a $7.8 million initial order under a $22.3 million multi-year framework with a NATO-approved European defence partner, reinforcing its role in the defence XR market.
Sophie Babbage
Sophie Babbage
6 Oct 2025
Aurora Labs has secured a $450,000 Phase 2 contract from the Australian Department of Defence to prototype a high-thrust, fuel-efficient propulsion system for unmanned aerial systems, building on its innovative 3D metal printing technology.
Victor Sage
Victor Sage
3 Oct 2025
VEEM Ltd has secured $14 million through a placement to fuel its expansion in defence manufacturing, including a landmark US$33 million licence agreement with Northrop Grumman. The company is poised to accelerate revenue in the second half of FY26 as it deepens ties with major US defence contractors.
Victor Sage
Victor Sage
30 Sept 2025
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.
Victor Sage
Victor Sage
30 Sept 2025
Aquirian Limited reports a 16.7% revenue increase alongside key operational advances at its Wubin facility and new leadership appointments, signaling strong momentum in mining services and technology.
Victor Sage
Victor Sage
30 Sept 2025
Vection Technologies reports a 60% revenue surge in 1H25, secures a $21 million equity raise, and strengthens its position in defence AI and spatial computing with a robust $75 million sales pipeline.
Sophie Babbage
Sophie Babbage
29 Sept 2025
Vection Technologies has secured $21 million through an upsized placement driven by strong defence sector momentum and announced a binding offer to acquire digital transformation firm DXLabs, bolstering its revenue and growth prospects.
Sophie Babbage
Sophie Babbage
29 Sept 2025
Electro Optic Systems updates its 2025 revenue outlook to $115-125 million from existing contracts, with potential for an additional $25 million from new orders. The company’s contract backlog has jumped to $299 million, reflecting strong demand despite some delays in contract signings.
Victor Sage
Victor Sage
29 Sept 2025
Vection Technologies has landed a $22.3 million multi-year framework agreement with a NATO-approved European defence partner, boosting its defence program value to $40 million through 2030.
Sophie Babbage
Sophie Babbage
22 Sept 2025
DroneShield Limited has responded to ASX scrutiny over its disclosure of losing a $45.9 million Systems Integration Partner contract for Project LAND 156, denying the information was material to investors.
Victor Sage
Victor Sage
10 Sept 2025
Austal Limited secures a significant US$314 million contract option from the US Coast Guard, advancing the Offshore Patrol Cutter program with orders for three additional vessels.
Victor Sage
Victor Sage
4 Sept 2025