Australia's AML3D rises on US Navy order

AML3D

25/03/2026 23:12

** Shares of AML3D AL3.AX rise as much as 17.7% to A$0.200, hitting highest level since Jan. 30

** Stock logs best day since March 17

** Co receives A$2.6 million ($1.81 million) order for U.S. Navy submarine parts

** Adds, contract for delivery of large-scale, non-safety critical components

** Stock up over 10% this year, including the day's move

($1 = 1.4391 Australian dollars)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))