Latest Defence News

Vection Technologies secures a $7.8 million initial order under a $22.3 million multi-year framework with a NATO-approved European defence partner, reinforcing its role in the defence XR market.

Electro Optic Systems has landed a significant A$108 million contract to supply remote weapon systems for the Australian Defence Force’s LAND 400-3 project, integrating its technology with Hanwha’s Redback Infantry Fighting Vehicles.

Castile Resources has addressed a recent spike in its share price and trading volume, attributing the movement to rising metal prices and progress on its flagship mining project.

McLaren Minerals has confirmed significant high-grade heavy mineral sands extending 500 metres south of its current Indicated Resource at the McLaren Titanium Project, reinforcing the deposit's growth potential and strategic value.

Eclipse Metals has commenced mobilisation for its 2025 diamond drilling program at the Grønnedal Rare Earths Carbonatite Complex in Greenland, aiming to expand a significant rare earth mineral resource rich in critical magnet metals.

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.

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.

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.

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.

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.

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.

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.