Latest Defence News

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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
Magnum Mining & Exploration Limited is set to begin auger drilling on its Azimuth 125 Rare Earth Elements project in Brazil, targeting 19 high-priority ionic clay REE areas identified through radiometric and geological analysis.
Maxwell Dee
Maxwell Dee
3 Oct 2025
Magnum Mining & Exploration reports exceptional rare earth element recoveries from early leach tests at its Palmares REE Project in Brazil, highlighting strong potential for high-value magnet materials and a tier-one discovery.
Maxwell Dee
Maxwell Dee
2 Oct 2025
Austal Limited has reached a confidential equitable adjustment agreement with the US Navy, resolving cost and schedule issues on the T-ATS shipbuilding program and limiting the contract to three vessels.
Maxwell Dee
Maxwell Dee
1 Oct 2025
Dyno Nobel has finalised the sale of its Fertilisers Distribution business and is advancing strategic shifts including a new US TNT manufacturing partnership, underpinning a strong FY25 outlook.
Victor Sage
Victor Sage
1 Oct 2025
Victory Metals has taken a significant step forward by signing a non-binding Letter of Intent with Sumitomo Corporation to supply heavy rare earths from its North Stanmore project, marking a deepening of their strategic partnership.
Maxwell Dee
Maxwell Dee
1 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