The ballistics business leverages XTEK’s proprietary XTclave technology to make ballistic shields, helmets and body armour plates. Here is a list of top ten public/private sector Information Technology Service Companies in Australia.It’s shares are actively traded on Australian Securities Exchange (ASX). Do NOT follow this link or you will be banned from the site. Here’s a summary of the recent share price performance over a one-month, three-month and six-month timeframe: The standout so far this year is Perth-based Orbital UAV (ASX:OEC), which manufacturers specialised two stroke engines for unmanned aerial vehicles (UAVs). Morrison government has announced that it would invest A$270 billion to upgrade the capability and potency of the Australian Defence Force. The company has been hot property since the Prime Minister’s speech. Quickstep Holdings Ltd is the largest independent aerospace-grade advanced composite manufacturer in Australia. Get Started Investing ASX 200   |   A     B     C     D     E     F     G     H     I     J     L     M     N     O     P     Q     R     S     T     U     V     W     X. He has enjoyed a successful global business career in utilities, mining and oil and gas.

On Friday, Electro Optic Systems announced that it was in negotiations with the Commonwealth Government for 251 remote weapons stations (RWS) to be purchased over 12 months. On 1 May, Austal Limited (ASX: ASB) announced it had won a $324 million contract from the Royal Australian Navy to design and construct 6 Cape-class patrol vessels. Apart from finding a solution to make the world COVID-19 free, another critical area most countries around the world are focusing on is security, both at the personal and country level.

Defence is usually a high-cost business, but a lot of those costs are fixed. Daryl Mather owns shares of Austal Limited and Electro Optic Systems Holdings Limited. It develops remotely controlled weapon and fire-control systems for military vehicles, and has extended that capability into remotely operated combat vehicles, manufacturing both in Australia and the US, with offshore plants in Singapore and the Middle East planned.
More broadly, Vornik said the business was positioned to benefit from the broader tailwinds behind the sector.
You can do it. “It’s a similar story, the company’s had a hard journey, it’s now profitable. The Tesserent group of companies includes Pure Security (Hack Labs, Pure Hacking, Certitiude and Securus Global), Rivium, and North Consulting.

Hume ACT 2620 The Canberra-based Electro Optic Systems Holdings Limited (EOS), capitalised at $900 million, says it is Australia’s largest aerospace entity, and the largest defence exporter in the southern hemisphere. The Australian Securities Exchange (ASX) has a small but thriving defence sector, which is rolling out some impressive technology into big addressable markets – which means export success. However, numbers compiled by Stockhead’s data team for a cohort of 13 defence-adjacent companies shows not every stock has been immune to the recent selloff. “The market is turning, and we’re at the forefront of that. There was a significant increase in the US government business. Australia, © 2020 Electro Optic Systems Pty Ltd | Site created by Banter Group, Acquisition Of Satellite Communications Business Completed, Honorary mention for Kavita Gahlawat at WIDA 2020, EOS named finalist in six 2020 ADIA categories, EOS Completes Acquisition of Satellite Communications Business.

In the 2020 Defence Strategic Update, the Morrison Government highlighted essential changes in Australia's defence posture, as it prioritises the Indo-Pacific region. Austal Limited is an international shipbuilder, defence contractor as well as marine technology partner from Australia. “I think any sector that links to govt spending, especially the US government is going to be inherently a bit more stable,” he said. Find the investing style that's right for you. For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. Almost 50 per cent of reporting ASX 200 companies have seen their consensus price target upgraded, by an average of 2.8 per cent. Speaking with Stockhead earlier this week from Oregon, USA, Hirschman highlighted that while the company benefited from the stability of the defence sector, it was also focused on building out its advantage on the product side. Andrews has over 12 years’ experience in equities research with a focus area spanning across finance, tech, mining and construction, and also defence. There was a tolerance in the past for gasoline engines, but military forces worldwide understand that specialty fuels (like AVGAS) are an unnecessary logistics burden.”, “They want heavy fuel, and we’re a step ahead in the market because we have a design that fits a unique military need for heavy fuel engines.”, “Orbital’s direct injection technology allows for a clean burn.