War may be ravaging through parts of the Middle East and Ukraine, prompting many contract wins over the past 12 months but that hasn’t translated into profit for body armour and ballistics manufacturer HighCom (ASX: HCL) which has confirmed large losses are now anticipated. The profit downgrade, which HighCom announced after the market closed on
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Security tech company XTEK (ASX: XTE) has continued its strong association with the Australian Defence Force with the ADF placing an order for additional unmanned aerial systems worth approximately $2.8 million. The order will increase the ADF’s existing fleet of AeroVironment WASP AE Small Unmanned Aerial Systems (SUAS) with XTEK having already delivered 50 to
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The nature of military engagement continues to shift and Aquabotix (ASX: UUV) may have a big impact on how that happens following their biggest order of its SwarmDiver EDGE™ hybrid micro unmanned underwater vehicle. The $520,000 purchase from a major Asian military agency aligned to Australia has made the purchase, becoming Aquabotix’s first Asian client,
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