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Veem stock on the up after landing $65m subs contract

Shares in family-controlled manufacturing firm Veem have surged after landing another six years’ worth of work with Australian submarine builder ASC.

Shares in family-controlled manufacturing firm Veem have surged after landing another six years’ worth of work with Australian submarine builder ASC.

5 days ago·Australia

ASC said it has awarded Australian maritime manufacturer VEEM a six-year $65 million contract for Collins Class submarines.

5 days ago

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APDR broke the news in 5 days ago on Tuesday, August 12, 2025.

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