26 Sep 2025 | 5 Mins Read

DroneShield surges on Asian military spending boost

Flipitmoney

DroneShield Ltd's shares have nearly quintupled this year, outperforming Asian defense stocks with a 380% increase in 2025. Contract wins with governments in Australia, the US, and Europe boosted shares, which now list on Australia's benchmark equity index. Its market capitalization is A$3.2 billion, trading at a 70-time forward price-to-earnings ratio.