07 Oct 2024
With political unrest sadly being an ongoing global issue, I thought it worthwhile to revisit some ASX defence related stocks with Andrew Geoghegan at ausbiz.
– 3D wire printing company AML3D (ASX:AL3) has recently announced a manufacturing agreement with the US Navy which could result in major orders of their ARCEMY welding machines;
– Quickstep Group (ASX:QHL) boasts revenues of ~$100m and is undergoing significant management and corporate restructure which we expect will see the business achieve long-awaited profitability in FY25;
– xReality Group (ASX:XRG) provides tactical VR simulation systems to police and defence forces and is enjoying significant traction in US where orders now exceed $10m.
https://ausbiz.com.au/media/dean-sees-growth-potential-for-these-three-small-caps?videoId=38155