Image source: © 2025 Krish Capital Pty. Ltd.
Highlights
- Australia’s Industrials sector index rose nearly 16% YoY to 8,669.30 as of 8 October 2025.
- Austal gained 203% year-on-year to AUD 8.36, supported by U.S. Navy contracts.
- DroneShield surged 365% year-on-year to AUD 6.23, driven by defence technology demand.
The Industrials sector is at 8,669.30 as of 8 October 2025, up about 16.5% from 7,440.70 a year ago. Two industrial stocks, Austal Limited (ASX:ASB) and DroneShield Limited (ASX:DRO) outperforms the index by wide margin.
|
Name |
CODE |
CMP (in Aud) (as of 8 October) |
Last year (in Aud) |
Change YOY |
|
Austal Limited |
8.54 |
2.73 |
212.82% |
|
|
DroneShield Limited |
6.53 |
1.31 |
398.47% |
Data source: ASX Website
Austal Limited
Austal Limited (ASX:ASB) is an Australia-based shipbuilding and defense company engaged in designing, constructing, and maintaining naval and commercial vessels. It offers maritime technology solutions and lifecycle support services and has supplied over 350 vessels to 122 operators across 59 countries.
According to Austal’s latest update, it has reached a settlement with the U.S. Navy regarding its Request for Equitable Adjustment (REA) for the T-ATS program at the Alabama shipyard. The program, awarded in 2021, was Austal’s first steel vessel contract with the U.S. Navy, originally for two ships valued at USD 145 million and later expanded to five vessels worth USD 380 million. Technical delays and design differences caused the contract to be classified as onerous. Following the REA resolution, construction of T-ATS 14 and 15 has been stopped, reducing the program to three vessels. The settlement details are confidential but consistent with prior provisions.
DroneShield Limited
DroneShield Limited (ASX:DRO) is an Australian firm focused on artificial intelligence, radio frequency detection, electronic warfare, and counter-drone technologies. It supplies both tailored and ready-made solutions for land, sea, and air applications. Its main products include DroneGun Tactical, DroneSentry, RfPatrol, and DroneSim.
DRO will invest AUD 13 million over three years to establish a new counter-drone R&D facility in Adelaide, South Australia, creating around 20 engineering roles. The facility, led by former Lockheed Martin engineer Jeff Wojtiuk, will focus on RF electronics, electronic warfare, and systems integration. This expansion complements DroneShield’s Sydney operations and supports global growth in advanced counter-drone technologies. The announcement coincides with the company surpassing 400 employees worldwide, including about 300 engineers. The Adelaide facility is included in broader expansion efforts, covering Europe and the U.S., targeting an increase in production capacity from AUD 500 million to AUD 2.4 billion by 2026






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