DEFSEC Technologies shares surge 14.44% premarket after announcing 15 new government roles, CAD$8.3M annualized billings, and expanded DSEF contract with ADGA.
ByAinvest
Friday, Dec 5, 2025 7:18 am ET1min read
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DEFSEC Technologies surged 14.44% in premarket trading following an announcement of significant growth in its government services business. The company revealed plans to add 15 roles (39 total by February 2026) to expand its work under the DSEF contract for Canadian Armed Forces digital modernization, with 13 roles subcontracted to ADGA Group. This expansion is expected to boost annualized program billings to $8.3 million (a 704% increase over FY2024) and gross margins to $2.3 million (845% higher than FY2024). The CEO highlighted the move toward cash flow positivity and underscored the partnership with ADGA as a strategic advantage to accelerate revenue and margin growth. The news, emphasizing outsized revenue gains and operational scalability, directly drove the sharp premarket rally.
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