2351 GMT - AML3D's bull at Bell Potter says its latest U.S. defense sector contract represents a solid start to its fiscal 2026. Analyst Stuart Howe observes that the US$4.5 million contract with Huntington Ingalls adds to the Australian company's US$9 million order backlog. This compares with total fiscal 2025 revenue of US$7.4 million, he points out in a note. He adds that Huntington Ingalls' adoption of additive-manufacturing technology highlights a focus on reducing lead times and waste, which is a positive signal for the whole sector. Bell Potter keeps a buy rating and A$0.40 target price on the stock, which is flat at A$0.23. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
October 20, 2025 19:51 ET (23:51 GMT)
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