Global defence spending reached record levels in 2025. With governments allocating roughly US$2.6 trillion to military budgets as geopolitical tensions intensified across Europe, the Middle East and the Asia Pacific region.
Australia is no exception. Defence spending is projected to grow steadily over the coming decade, with annual allocations expected to reach roughly AU$56 billion by 2030 as part of long term strategic commitments including the AUKUS partnership.
Within this broader spending cycle, one particular technology segment is attracting increasing attention from investors.
Battlefield developments in Ukraine and the Middle East have demonstrated how unmanned aerial systems. . .
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