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VEEM LTD

0.560

+0.0203.70%

Volume:1.17M

Turnover:605.07K

Market Cap:82.18M

PE:25.23

High:0.570

Open:0.540

Low:0.495

Close:0.540

52wk High:1.950

52wk Low:0.495

Shares:146.75M

Float Shares:57.60M

Volume Ratio:3.70

T/O Rate:2.04%

Dividend:0.00

Dividend Rate:0.41%

EPS(TTM):0.022

EPS(LYR):0.022

ROE:5.66%

ROA:2.71%

PB:1.51

PE(LYR):25.20

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Overview Company News Filings

What You Can Learn From VEEM Ltd's (ASX:VEE) P/E After Its 26% Share Price Crash

Simply Wall St.

VEEM Ltd's (ASX:VEE) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Simply Wall St.

VEEM Ltd (ASX:VEE) Analysts Just Slashed This Year's Estimates

Simply Wall St.

Constructive on VEEM's Medium-to-Long Term Earnings Potential, Despite Fiscal 2026 H1 Guidance Downgrade, Euroz Hartleys Says

MT Newswires Live

Veem Makes Poor Start to FY 2026 -- Market Talk

VEEM Ltd (ASX:VEE) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless

Simply Wall St.

VEEM (ASX:VEE) sheds 16% this week, as yearly returns fall more in line with earnings growth

Simply Wall St.

ASX Penny Stocks To Watch: Archer Materials And 2 More Promising Picks

Simply Wall St.

Veem Can Secure More Defense Deals Following Northrop Grumman Win -- Market Talk

Morgans Financial Downgrades Veem to Accumulate from Buy; Price Target is AU$1.66

MT Newswires Live

VEEM (ASX:VEE) Is Up 7.9% After Securing US Navy Submarine Supply Deal and $14m Raise Has The Bull Case Changed?

Simply Wall St.

VEEM Expected to Benefit From Capital Raising, Defense Opportunity, Says Euroz Hartleys

MT Newswires Live

Ord Minnett Downgrades Veem to Hold From Buy; Price Target is AU$1.75

MT Newswires Live

BUZZ-Australia's VEEM at 1-year high on manufacturing deal with Northrop Grumman

VEEM Raises AU$14 Million via Share Placement; Shares Reach All-Time High

MT Newswires Live

BRIEF-Veem Enters Agreement With Northrop Grumman

VEEM to Raise $14m after Signing Licence Agreement with Northrop Grumman

Veem Ltd - Agreement With Northrop Grumman Valued at $33 Mln to Provide Equipment Into the USA Defence Supply Chain

THOMSON REUTERS

Veem Ltd - a$14 Mln Placement at Price of a$1.30 per New Share

THOMSON REUTERS

VEEM Ltd (ASX:VEE) Looks Just Right With A 35% Price Jump

Simply Wall St.

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days...","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/3072000-choice2-main-header/1585186655182","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/3072000-choice2-main-header/1585186655182"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/au/capital-goods/asx-vee/veem-shares/news/what-you-can-learn-from-veem-ltds-asxvee-pe-after-its-26-sha","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/capital-goods/asx-vee/veem-shares/news/what-you-can-learn-from-veem-ltds-asxvee-pe-after-its-26-sha","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK7088","VEE.AU"],"gpt_icon":0},{"id":"2607428073","title":"VEEM 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Delays from defense sector orders are the primary driver of the earnings downgrade, with the recently concluded six-week US government shutdown a key contributor.The investment firm retained its speculative buy recommendation and cut the price target to AU$1.30 per share from AU$1.85 per share.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7088","VEE.AU"],"gpt_icon":0},{"id":"2586327857","title":"Veem Makes Poor Start to FY 2026 -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2586327857","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2586327857?lang=en_us&edition=fundamental","pubTime":"2025-11-28 06:23","pubTimestamp":1764282180,"startTime":"0","endTime":"0","summary":"2223 GMT - It's safe to say that marine and defense equipment maker Veem hasn't made a great start to FY 2026, Ord Minnett says. Veem signaled 1H revenue of A$24 million-A$$26 million. At the midpoint, this would be the lowest half-year revenue in more than five years. Veem also said its 1H Ebitda could be as much as a A$1 million loss. \"While the company continues to anticipate a strong 2H it will be difficult for Veem to recover sufficiently to meet our previous FY 2026 forecasts,\" analyst John Lawlor says. Ord Minnett cuts its annual Ebitda forecast by 43% to A$6.5 million. Its price target falls 31% to A$1.20/share. Veem ended Thursday at A$1.155. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VEE.AU","BK7088"],"gpt_icon":0},{"id":"2583463181","title":"VEEM Ltd (ASX:VEE) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless","url":"https://stock-news.laohu8.com/highlight/detail?id=2583463181","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2583463181?lang=en_us&edition=fundamental","pubTime":"2025-11-15 06:39","pubTimestamp":1763159977,"startTime":"0","endTime":"0","summary":"VEEM Ltd ( ASX:VEE ) shares have had a horrible month, losing 28% after a relatively good period beforehand. Instead of...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/3072000-choice2-main-header/1585186655182","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/3072000-choice2-main-header/1585186655182"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/au/capital-goods/asx-vee/veem-shares/news/veem-ltd-asxvee-shares-slammed-28-but-getting-in-cheap-might","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/capital-goods/asx-vee/veem-shares/news/veem-ltd-asxvee-shares-slammed-28-but-getting-in-cheap-might","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["VEE.AU","BK7088"],"gpt_icon":0},{"id":"2583953919","title":"VEEM (ASX:VEE) sheds 16% this week, as yearly returns fall more in line with earnings growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2583953919","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2583953919?lang=en_us&edition=fundamental","pubTime":"2025-11-13 06:39","pubTimestamp":1762987152,"startTime":"0","endTime":"0","summary":"VEEM Ltd ( ASX:VEE ) shareholders might be concerned after seeing the share price drop 22% in the last month. But don't...","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/3072000-choice2-main-header/1585186655182","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/3072000-choice2-main-header/1585186655182"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/au/capital-goods/asx-vee/veem-shares/news/veem-asxvee-sheds-16-this-week-as-yearly-returns-fall-more-i","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/capital-goods/asx-vee/veem-shares/news/veem-asxvee-sheds-16-this-week-as-yearly-returns-fall-more-i","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["VEE.AU"],"gpt_icon":0},{"id":"2577339473","title":"ASX Penny Stocks To Watch: Archer Materials And 2 More Promising Picks","url":"https://stock-news.laohu8.com/highlight/detail?id=2577339473","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2577339473?lang=en_us&edition=fundamental","pubTime":"2025-10-22 10:05","pubTimestamp":1761098724,"startTime":"0","endTime":"0","summary":"As Australian shares face a dip, driven by a downturn in gold and other precious metals, investors are exploring diverse opportunities to navigate the shifting market landscape. Penny stocks, often associated with smaller or newer companies, present unique growth potential at lower price points despite their somewhat outdated label. In this article, we'll explore three penny stocks that stand out for their financial strength and potential for long-term success.","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/4444000-choice1-main-header/1585186667721","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4444000-choice1-main-header/1585186667721"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/au/retail/asx-mhj/michael-hill-international-shares/news/asx-penny-stocks-to-watch-archer-materials-and-2-more-promis","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/retail/asx-mhj/michael-hill-international-shares/news/asx-penny-stocks-to-watch-archer-materials-and-2-more-promis","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["DSK.AU","XJO.AU","BK7036","EZZ.AU","LBL.AU","BK7506","XKO.AU","BK7088","BK7104","VEE.AU","AXE.AU","BK7048","CLX.AU","BK7061","ARKG","XAO.AU","BK4588","BK7045","PPL.AU","MHJ.AU","IGL.AU","CLV.AU","WAF.AU","BK7128","MTO.AU","BK7012","BK7143","GWA.AU","BK4585","BK4544","BK7058","BK7069"],"gpt_icon":0},{"id":"2573994732","title":"Veem Can Secure More Defense Deals Following Northrop Grumman Win -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2573994732","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2573994732?lang=en_us&edition=fundamental","pubTime":"2025-10-08 07:19","pubTimestamp":1759879140,"startTime":"0","endTime":"0","summary":"1919 ET - Morgans has increased confidence in Veem's ability to secure more defense contracts following a nine-year manufacturing licensing agreement with Northrop Grumman. Veem will supply Northrop with a range of pre-determined parts to its Virginia Class submarines. Analyst Alexander Lu says this deal marks a major milestone for Veem. \"While earnings may be volatile in the near term, we believe the opportunities in defense, propulsion and gyros provide strong growth potential over the long term,\" Morgans says. Veem's share price has more than doubled from its June low to A$1.405. Morgans downgrades the stock to accumulate, from buy, following that rally but raises its price target by 28% to A$1.66. \"We view further contract announcements as potential positive catalysts for the stock.\" ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1988902786.USD","BK4532","LU1064131342.USD","LU2264538146.SGD","BK4516","BK7088","BK4564","BK4187","BK4588","VEE.AU","BK4585","BK4603","NOC"],"gpt_icon":0},{"id":"2573956339","title":"Morgans Financial Downgrades Veem to Accumulate from Buy; Price Target is AU$1.66","url":"https://stock-news.laohu8.com/highlight/detail?id=2573956339","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2573956339?lang=en_us&edition=fundamental","pubTime":"2025-10-07 17:42","pubTimestamp":1759830162,"startTime":"0","endTime":"0","summary":"Morgans Financial Downgrades Veem to Accumulate from Buy; Price Target is AU$1.66","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["VEE.AU","BK7088"],"gpt_icon":0},{"id":"2572502207","title":"VEEM (ASX:VEE) Is Up 7.9% After Securing US Navy Submarine Supply Deal and $14m Raise Has The Bull Case Changed?","url":"https://stock-news.laohu8.com/highlight/detail?id=2572502207","media":"Simply Wall St.","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2572502207?lang=en_us&edition=fundamental","pubTime":"2025-10-03 18:50","pubTimestamp":1759488655,"startTime":"0","endTime":"0","summary":"VEEM Limited has announced the completion of a nine-year Manufacturing Licence Agreement with Northrop Grumman, enabling it to supply precision components for the US Navy’s Virginia Class submarine program and marking an important entry into the US defence supply chain.\nIn addition to this long-term agreement, VEEM has raised A$14 million from institutional investors and achieved Level 1 accreditation with Newport News Shipbuilding, reinforcing its credentials as an international defence...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/3072000-choice2-main-header/1585186655182","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/3072000-choice2-main-header/1585186655182"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/au/capital-goods/asx-vee/veem-shares/news/veem-asxvee-is-up-79-after-securing-us-navy-submarine-supply","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/capital-goods/asx-vee/veem-shares/news/veem-asxvee-is-up-79-after-securing-us-navy-submarine-supply","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["VEE.AU","BK7088"],"gpt_icon":0},{"id":"2572574180","title":"VEEM Expected to Benefit From Capital Raising, Defense Opportunity, Says Euroz Hartleys","url":"https://stock-news.laohu8.com/highlight/detail?id=2572574180","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2572574180?lang=en_us&edition=fundamental","pubTime":"2025-10-03 14:21","pubTimestamp":1759472508,"startTime":"0","endTime":"0","summary":"VEEM  is expected to benefit from its AU$14 million placement and new defense opportunity disclosed on Tuesday, said Euroz Hartleys in a Friday note.The company on Tuesday completed a AU$14 million placement through the issue of 10.8 million new shares at AU$1.30 apiece and also secured a nine-year manufacturing license agreement with US defense and security firm Northrop Grumman, with an initial value of $33 million.The research firm believes that these developments are likely to result in earnings upgrades.The research firm said that it acted as joint lead manager for the placement, for which it will earn fees.Euroz Hartleys has maintained a speculative buy rating with a price target of AU$1.85, up from AU$1.40.The company's shares fell past 4% on market close.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["VEE.AU","BK7088"],"gpt_icon":0},{"id":"2572513030","title":"Ord Minnett Downgrades Veem to Hold From Buy; Price Target is AU$1.75","url":"https://stock-news.laohu8.com/highlight/detail?id=2572513030","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2572513030?lang=en_us&edition=fundamental","pubTime":"2025-10-02 17:54","pubTimestamp":1759398849,"startTime":"0","endTime":"0","summary":"Ord Minnett Downgrades Veem to Hold From Buy; Price Target is AU$1.75","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7088","VEE.AU"],"gpt_icon":0},{"id":"2571974773","title":"BUZZ-Australia's VEEM at 1-year high on manufacturing deal with Northrop Grumman","url":"https://stock-news.laohu8.com/highlight/detail?id=2571974773","media":"Reuters","labels":["shareholding","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571974773?lang=en_us&edition=fundamental","pubTime":"2025-09-30 13:13","pubTimestamp":1759209227,"startTime":"0","endTime":"0","summary":"BUZZ-Australia's VEEM at 1-year high on manufacturing deal with Northrop Grumman** Shares of VEEM VEE.AX rise as much as 29.1% to A$1.95, their highest level since August 15, 2024** Stock logs largest intraday pct gain since late November 2024** Defence manufacturer signs a nine-year manufacturing licence agreement with Northrop Grumman NOC.N to provide equipment into the U.S. defence supply chain ** Says current deal value is $33 million, which can be increased by amendment** Also completes A$14 million  placement at issue price of A$1.30 per share** About 1.7 mln shares change hands, 6.8 times the 30-day avg** Stock set for third month of gains; up 55.4% YTD  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250930:nL6N3VH062:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4564","BK4588","BK4532","LU1988902786.USD","LU2264538146.SGD","NOC","BK4187","LU1064131342.USD","VEE.AU","BK4603","BK7088","BK4585","BK4516"],"gpt_icon":0},{"id":"2571393787","title":"VEEM Raises AU$14 Million via Share Placement; Shares Reach All-Time High","url":"https://stock-news.laohu8.com/highlight/detail?id=2571393787","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571393787?lang=en_us&edition=fundamental","pubTime":"2025-09-30 09:52","pubTimestamp":1759197155,"startTime":"0","endTime":"0","summary":"VEEM  completed a AU$14 million placement through the issue of 10.8 million new shares at AU$1.30 apiece, according to a Tuesday filing with the Australian bourse.The Miocevich family, the company's largest shareholder, subscribed for AU$1 million under the placement, subject to shareholder approval, while Perennial Value Management subscribed for AU$2.7 million, the filing said.Proceeds will be used to support growth in the defense sector, working capital, and the balance sheet.Additionally, the company secured a nine-year manufacturing license agreement with US defense and security firm Northrop Grumman, with an initial value of $33 million, per the filing.VEEM shares rose 24% in morning trade on Tuesday and earlier reached an all-time high.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["VEE.AU","BK7088"],"gpt_icon":0},{"id":"2571398952","title":"BRIEF-Veem Enters Agreement With Northrop Grumman","url":"https://stock-news.laohu8.com/highlight/detail?id=2571398952","media":"Reuters","labels":["shareholding","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571398952?lang=en_us&edition=fundamental","pubTime":"2025-09-30 09:23","pubTimestamp":1759195416,"startTime":"0","endTime":"0","summary":"BRIEF-Veem Enters Agreement With Northrop GrummanSept 30  - VEEM Ltd VEE.AX:AGREEMENT WITH NORTHROP GRUMMAN VALUED AT $33 MILLION TO PROVIDE EQUIPMENT INTO THE USA DEFENCE SUPPLY CHAINA$14 MILLION PLACEMENT AT PRICE OF A$1.30 PER NEW SHAREFurther company coverage: VEE.AX ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250930:nFWN3VG0P3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding,corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VEE.AU","BK7088"],"gpt_icon":0},{"id":"2571139826","title":"VEEM to Raise $14m after Signing Licence Agreement with Northrop Grumman","url":"https://stock-news.laohu8.com/highlight/detail?id=2571139826","media":"Small Caps","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571139826?lang=en_us&edition=fundamental","pubTime":"2025-09-30 09:16","pubTimestamp":1759195008,"startTime":"0","endTime":"0","summary":"VEEM has taken a decisive step in its defence growth strategy, completing a $14 million placement while securing a nine-year manufacturing licence agreement with global prime Northrop Grumman.The agreement allows VEEM to supply precision components into the US Navy’s Virginia Class submarine program, initially valued at up to US$33m with scope to expand as production ramps up.Managing director Mark Miocevich said the combined funding and contract mark a turning point for VEEM, confirming its transformation into a recognised defence supplier with exposure to global naval shipbuilding programs.Under the agreement, VEEM will provide key components for the Virginia Class submarine program, a fleet central to the US Navy’s capability and a priority under AUKUS cooperation.Requests for quote will begin in the first half of FY26, with orders likely to grow as US submarine output rises from around 1.2 boats a year to more than two by 2028.“We have now met the requirements of this huge market a","market":"nz","thumbnail":"https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/09/Veem-ASX-VEE-Raise-capital-Signing-Licence-Agreement-Northrop-Grumman.jpg","type":0,"news_type":0,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/09/Veem-ASX-VEE-Raise-capital-Signing-Licence-Agreement-Northrop-Grumman.jpg"],"rights":{"source":"smallcap_stock","url":"https://smallcaps.com.au/veem-capital-raise-signing-licence-agreement-northrop-grumman/","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://smallcaps.com.au/veem-capital-raise-signing-licence-agreement-northrop-grumman/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"smallcap_stock","symbols":["BK4516","LU1064131342.USD","ASB.AU","BK4532","XKO.AU","NOC","BK7088","VEE.AU","BK4585","LU2264538146.SGD","BK4603","BK7115","XAO.AU","BK4187","XJO.AU","LU1988902786.USD","BK4564","BK4588"],"gpt_icon":0},{"id":"2571645143","title":"Veem Ltd - Agreement With Northrop Grumman Valued at $33 Mln to Provide Equipment Into the USA Defence Supply Chain","url":"https://stock-news.laohu8.com/highlight/detail?id=2571645143","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571645143?lang=en_us&edition=fundamental","pubTime":"2025-09-30 07:51","pubTimestamp":1759189911,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250929:nFWN3VG0P3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["VEE.AU","BK7088"],"gpt_icon":0},{"id":"2571543364","title":"Veem Ltd - a$14 Mln Placement at Price of a$1.30 per New Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2571543364","media":"THOMSON REUTERS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2571543364?lang=en_us&edition=fundamental","pubTime":"2025-09-30 07:51","pubTimestamp":1759189911,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250929:nFWN3VG0P3:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["VEE.AU","BK7088"],"gpt_icon":0},{"id":"2570854438","title":"VEEM Ltd (ASX:VEE) Looks Just Right With A 35% Price Jump","url":"https://stock-news.laohu8.com/highlight/detail?id=2570854438","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2570854438?lang=en_us&edition=fundamental","pubTime":"2025-09-27 05:10","pubTimestamp":1758921019,"startTime":"0","endTime":"0","summary":"VEEM Ltd ( ASX:VEE ) shares have continued their recent momentum with a 35% gain in the last month 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