Latest Defence Supply Chains News

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.

Aurora Labs reported a 34% increase in loss after tax to $3.75 million for FY2025, alongside a 327% surge in revenue driven by defence contracts and 3D printing services. The company is progressing its micro gas turbine propulsion systems and pursuing aerospace certification to expand its market footprint.

VEEM Limited has achieved approved supplier status with Huntington Ingalls Newport News Shipbuilding, positioning itself to enter the US defence supply chain with anticipated RFQs in the first half of FY26.

St George Mining has raised A$5 million through a premium-priced placement to upscale its diamond drilling program at the Araxá Project, aiming to expand its globally significant rare earths and niobium resource.

AML3D Limited reports a 77% jump in US customer receipts and secures a pivotal US Navy Letter of Intent worth up to $200 million, underpinning its rapid expansion in defence manufacturing.

Renascor Resources has secured an option agreement for land near its Siviour graphite deposit, finalising a critical step in supporting its upstream mining and processing operations. This move advances the company’s Battery Anode Material project readiness with accommodation planned for construction and operational staff.

BluGlass Limited has become an approved supplier to the Indian Ministry of Defence, landing its first $230,000 order for gallium nitride laser development from a leading Indian research lab.

Nimy Resources reports promising signs of a large, continuous gallium mineralised system at its Block 3 Gallium Project in Western Australia, with drilling confirming key host rocks over 1.5 kilometres of strike. Assay results are imminent as the company advances exploration and metallurgical testing.