🟢 VEEM is trading 8.16% up today after receiving A$0.8m Virginia-class orders from Huntington

VEEM is trading 8.16% up at A$0.53 after announcing initial purchase orders worth approximately A$0.8 million from Huntington Ingalls Industries for Virginia-class submarine components.

• The announcement followed more than 12 months of supplier qualification, marking a foothold in the U.S. submarine supply chain.
• It was released after the October 20 close, preceding the October 21 advance.
• Further tenders are noted, but their value and timing are undisclosed.