Latest Defence News

Tasmea Limited forecasts a robust 34% increase in net profit after tax for FY26, driven by a record order book and strategic acquisitions, while reaffirming its FY25 earnings guidance.

Li-S Energy has secured a collaboration and supply agreement with a leading defence technology firm to test its lithium-sulfur batteries for military applications, marking a strategic step into the global defence sector.

SRG Global has locked in $850 million worth of contracts spanning water, energy, resources, and more, reinforcing its position as a diversified infrastructure leader in Australia and New Zealand.

Sun Silver Limited has verified significant antimony mineralisation at its Maverick Springs Project in Nevada, with historical drill core re-assays revealing broad intercepts and visual stibnite presence. The company is advancing a strategic engagement with the US Department of Defence to position the project as a critical domestic mineral source.

archTIS Limited addresses ASX concerns over a sharp rise in its share price, linking the movement to recent contract wins in major defence markets and ongoing acquisition talks in the US.

Victory Metals has landed a US$10 million unsecured loan from Saudi Arabia’s sovereign wealth fund, marking a strategic boost for its North Stanmore rare earths project in Western Australia.

BluGlass has successfully raised $7.6 million through a placement and Share Purchase Plan to accelerate production of its advanced gallium nitride lasers and support a robust contract pipeline.

Veris Limited has announced a significant turnaround in FY25 with an expected profit before tax of up to $2 million, reversing last year's loss, driven by strategic digital spatial initiatives and acquisition integration.

Ionic Rare Earths is advancing plans for multiple magnet recycling plants in the US, leveraging patented technology to produce high-purity rare earth oxides amid growing demand for sovereign supply chains.

Symal Group is poised to exceed its FY2025 EBITDA forecast, driven by strong project execution and a robust pipeline of contracts and acquisitions.

HighCom Limited has recommissioned its XTclave™ system in Ohio, doubling production capacity and setting the stage for new ballistic product launches in FY26. The move strengthens its collaboration with the U.S. Department of Defense and positions the company for significant government contract opportunities.

xReality Group is rapidly transforming its business by focusing on its high-growth Operator XR training platform, while preparing to divest legacy entertainment assets. The company reports record revenue and expanding global reach, particularly in the US defence and law enforcement sectors.