Latest Defence News

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.

Advanced Braking Technology has appointed CEO Andrew Booth to the Board as Managing Director, signaling confidence in his leadership amid ongoing growth.

Axel REE Limited has unveiled new high-grade gallium and rare earth element zones at its Caladão Project in Brazil, expanding the mineralised footprint and reinforcing its status as a major critical minerals asset.

St George Mining has formed a strategic alliance with US-based REAlloys Inc to advance the commercialisation of rare earths from the Araxá Project in Brazil, positioning itself within the growing US rare earths supply chain.

Everest Metals has initiated a 2,500m drilling campaign at its Mt Edon project in Western Australia, aiming to upgrade and expand its significant rubidium resource amid rising global demand for this critical mineral.

McLaren Minerals reports continued high-grade assay results confirming a significant northern extension to its McLaren Titanium Project resource, underpinning an upcoming resource upgrade and prefeasibility study.

Krakatoa Resources has deployed a second drill rig at its Zopkhito antimony-gold project in Georgia, accelerating efforts to convert historical resource estimates into a JORC-compliant Mineral Resource.

Elsight has secured a US$5.35 million contract with a European defence OEM, pushing its 2025 orders to US$23.3 million, a staggering 1000% increase over 2024. The company’s rising deliveries and upcoming ASX index inclusions mark a pivotal growth phase.

Victory Metals has identified multiple ultra-high heavy rare earth oxide zones at its North Stanmore project, positioning it as a key future supplier amid soaring global prices. The company plans a major drilling campaign to expand these valuable zones while reducing processing volumes and costs.

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.

Synertec Corporation Limited reported a striking 90% increase in Powerhouse Technology revenue and a 186% jump in engineering EBITDA for FY25, underpinned by key panel appointments and sustained fossil fuel-free power delivery.

Tasmea Limited has firmly denied recent media speculation about potential block trades by its executive directors, reaffirming their strong shareholding and commitment to growth. The company is focused on organic expansion and acquisitions to secure ASX 300 inclusion next year without raising new capital.