Latest Defense Contracts News

MTM Critical Metals has appointed Gregory L. Bowman, a seasoned U.S. defense and industrial strategy expert, to the advisory board of its U.S. subsidiary Flash Metals USA, aiming to accelerate its critical metals refining technology and deepen ties with U.S. government stakeholders.

IperionX has secured its first U.S. Army task order worth $1.3 million under a $99 million SBIR Phase III contract, marking a significant step in reshoring titanium production for U.S. defense needs.

IperionX has secured a significant U.S. Department of Defense contract worth up to US$99 million to supply low-cost, high-performance titanium components, marking a major step in reshoring critical materials manufacturing.

Amaero Ltd updates its financial outlook, targeting positive EBITDA by FY2027 and reaffirming a A$72 million capital investment plan despite delays in US Department of Defense contracts.

Almonty Industries posted a modest revenue rise in Q1 2025 but faced a steep net loss due to warrant revaluation, while securing key U.S. defense contracts and advancing its flagship Sangdong tungsten mine.

Electro Optic Systems has secured a €31 million contract for its flagship Slinger Counter-Drone Remote Weapon System, marking its largest naval order to date from a Western European government.

Pointerra Limited has joined forces with Leidos as a subcontractor on the US Army’s $499 million GRIDS IV program, aiming to enhance real-time geospatial intelligence through advanced AI and machine learning technologies.

archTIS has reported a standout March quarter with record annual recurring revenue, improved gross margins, and strategic growth through the Direktiv acquisition and new international contracts.

Titomic Limited advances its strategic U.S. footprint with a new Huntsville facility set to open in June 2025, securing major defense collaborations and expanding commercial momentum in additive manufacturing.

IperionX has landed a $47.1 million contract from the U.S. Department of Defense to develop a domestic titanium supply chain, marking a significant step toward reducing reliance on foreign sources for this critical metal.

Vection Technologies secures a $4 million extension on a defence contract, reinforcing its position in AI-driven national security solutions and deepening its partnership with Dell Technologies.

Harvest Technology Group reported a robust 32% revenue increase and secured strategic partnerships to drive its path to profitability by FY27. The company also raised over $3 million through convertible notes to support expansion efforts.