Latest Defence News

Saunders International reported a challenging FY2025 with profit declines amid operational headwinds but strengthened its Water sector presence through the Aqua Metro acquisition. The company projects a stronger FY2026 backed by a record $4 billion pipeline and improved margins.

Li-S Energy has won a $7.8 million ARENA grant to accelerate development of a lithium-sulfur battery manufacturing facility in Australia, aiming to boost production capacity from 2 MWh to 1 GWh annually.

Energy Transition Minerals has taken a decisive legal step by asking Greenland’s High Court to remove Denmark from its rare earth project dispute, paving the way for substantive hearings on its exploitation licence claim.

Critica Limited confirms gallium as a valuable by-product within its 1.8 billion tonnes Jupiter rare earth resource, achieving a 63% recovery rate in its existing beneficiation flowsheet without altering project scope.

Locksley Resources has partnered with Columbia University to develop cutting-edge, sustainable technologies for rare earth and critical mineral processing in the US, advancing its Mine-to-Market strategy amid growing government support.

Aurora Labs has entered a strategic MOU with Ares Armaments to co-develop advanced metal components for defence, aiming to revolutionise small-arms manufacturing with additive technology.

Electro Optic Systems has landed a significant €11.4 million contract for its Slinger Counter-Drone systems from a Western European NATO country, boosting its contract backlog to nearly A$400 million. This surge underscores EOS’s growing footprint in the defence sector amid rising drone threats.

Senetas Corporation has streamlined its operations following the sale of Votiro, reporting a strong financial position and unveiling plans for a significant capital return and share consolidation.

Acrow Limited reported a 4% rise in underlying net profit for FY25, driven by strategic acquisitions and a growing industrial access division now contributing half of group revenue. Despite some formwork delays, the company maintains a strong project pipeline and steady dividends.

Nimy Resources announces a maiden JORC Inferred Mineral Resource at its Mons Block 3 project in Western Australia, featuring exceptionally high-grade gallium and significant rare earth oxides, positioning the company as a potential key supplier amid global supply constraints.

Sequoia Financial Group’s subsidiary InterPrac Financial Planning faces ASIC civil penalty proceedings over past investment advice but plans a robust defence.

Delta Lithium has updated its Mt Ida Mineral Resource Estimate to include a high-grade rubidium oxide resource, enhancing the project's critical mineral credentials and economic potential.