Latest Defence Systems News

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Electro Optic Systems secures two significant US contracts worth US$12 million for advanced Remote Weapon Systems, while progressing a conditional US$80 million Korean High Energy Laser contract with potential manufacturing shifts.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Metallium Limited’s US subsidiary has inked a decade-long off-take agreement with Indium Corporation, setting a firm commercial foundation for supplying critical metals like gallium and germanium recovered through innovative recycling technology.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Pure Resources has launched a cutting-edge research collaboration with Rice University to develop carbon nanotube fibre thermal management systems, leveraging graphite from its Garnet Hills Project. The initiative is backed by a $3 million equity raise to fund exploration and downstream material innovation.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Pioneer Minerals has secured membership in the US Defense Industrial Base Consortium, positioning its Idaho-based North Pine tungsten project at the heart of critical mineral supply chain initiatives.
Maxwell Dee
Maxwell Dee
25 Mar 2026
Lynas Rare Earths has inked a binding Letter of Intent with the US Department of War to supply critical rare earth oxides over four years, backed by a US$96 million government allocation and a US$110/kg floor price for NdPr oxide.
Maxwell Dee
Maxwell Dee
16 Mar 2026
Electro Optic Systems has secured two major counter-drone contracts worth US$45 million, highlighting rising defence demand amid Middle East conflicts. The largest order involves the Slinger Remote Weapon System for a Middle Eastern customer, with deliveries planned for 2026.
Maxwell Dee
Maxwell Dee
13 Mar 2026
Metallium Limited reports rapid progress at its Gator Point Technology Campus in Texas, advancing its proprietary Flash Joule Heating technology to recover critical metals from electronic waste. The company targets processing 8,000 tonnes of printed circuit boards annually by late 2026.
Maxwell Dee
Maxwell Dee
10 Mar 2026
BluGlass has embarked on a A$1.25 million development program with a major US defence prime, receiving an initial A$560,000 order to develop cutting-edge visible GaN lasers for aerospace and defence applications.
Sophie Babbage
Sophie Babbage
9 Mar 2026
Electro Optic Systems has locked in a $100 million secured loan facility to fuel growth and support its acquisition of MARSS, positioning the company for expansion in counter-drone technologies.
Victor Sage
Victor Sage
2 Mar 2026
Dateline Resources has acquired the Music Valley Heavy Rare Earths Project in California, backed by historical high-grade data, and invested US$1 million in Fermi Critical Minerals to boost exploration across the US. This move complements its existing gold and rare earth projects, positioning the company at the forefront of critical mineral supply chain security.
Maxwell Dee
Maxwell Dee
27 Feb 2026
Lodestar Minerals has reported high-grade heavy rare earth element assays up to 3.73% TREO from its Virgin Mountain project in Arizona, significantly surpassing previous results and highlighting its strategic potential in the US critical minerals landscape.
Maxwell Dee
Maxwell Dee
23 Feb 2026
Electro Optic Systems reported a 27% revenue drop to $128.5 million in FY2025 but posted a net profit of $18.6 million, boosted by the sale of EM Solutions. The company strengthened its position with key contract wins and acquisitions, including the UK-based Interceptor business and a conditional deal for MARSS.
Victor Sage
Victor Sage
23 Feb 2026