Australian small cap defence firm Vection Technologies has signed its largest ever contract, a $22.3 million framework agreement with an unspecified NATO-approved European defence partner, extending its footprint into the continent’s defence ecosystem.
The company said the customer is a credentialed vendor within NATO supply chains and the Council of Europe, a status that allows it to provide solutions to defence primes and integrators operating under NATO certification requirements.
That approval process is seen as a critical gatekeeper for companies seeking to deliver secure technology into Europe’s defence programs.
Under the agreement, Vection will integrate its IntegrateDXR platform – spanning extended reality, ICT and 3D modelling – with the partner’s secure digital infrastructure.
The contract runs through to 2030 and could scale up to $29.5 million, lifting the total program value with the customer to $40 million when factoring in previous awards.
“This framework strengthens our long-standing relationship with a trusted European partner in the defence ecosystem,” Vection managing director Gianmarco Biagi said.
“It provides a clear programmatic path through 2030, with a portion already delivered and further significant orders on the way.”
The deal builds on a string of recent defence contracts by the Perth-headquartered company. In June, Vection announced a $4.4 million contract to deploy artificial intelligence and XR capabilities into Europe’s defence sector, while in July it disclosed a further $7.2 million delivery into the same program.
The latest framework expands that relationship, positioning the ASX-listed firm deeper inside NATO’s authorised Tempest production chain as governments ramp up investment under Europe’s ReArm plan.
The company said heightened geopolitical tensions are accelerating demand for AI-powered monitoring solutions able to analyse big data in real time to secure national perimeters.
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