Marine tech manufacturer VEEM (ASX: VEE) has received an order from defense contractor BAE Systems Australia to manufacture two propeller blades and a hub under the demonstrator program for the Hunter Class Frigate Program (HCFP). The contract is worth $1.7 million, aimed to be completed by Q2 2024. The completion will ensure that VEEM qualifies
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Think of VEEM Marine (ASX: VEE) as the team doing their best behind the scenes to make your experience better when lockdown ends and you finally board your yacht. Picture yourself: mimosa in hand, out on the ocean, enjoying the sun. Keeping that mimosa firmly in your hand and not spilled all over the deck
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Our trade tensions with China have fuelled the coronavirus-spurred debate about our reliance on offshore supply chains for goods both to and from our shores. Apart from the reluctance of the Chinese to take our barley – and thank goodness they’re not snubbing our iron ore – the other topic of post virus introspection is
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