Boresight Ltd (ASX: BST) shares traded more than 10% higher early on Monday after the company announced a repeat order from a major North American military contractor worth more than half a million dollars.

The purchase order is three times larger than previous orders from this customer, Boresight said, and consists of more than 340 BQ-400 swarming-capable aerial target drones, multiple ground control stations and an operator training course.

Drone warfare training the focus

Boresight, which listed on the ASX in June, supplies militaries and other customers with target drones for use in battlefield training.

The company said the new purchase was the large single order to date from a North American military.

Boresight Managing director Justin Olde said:

This repeat order is testament to the ongoing effectiveness of Boresight’s aerial target drones in providing cost-effective, reliable and repeatable mission counter drone training. We have a number of North American military customers however this particular client is a standard setting, training focused organisation that has broad influence over their entire military. They’ve looked at the available options and they keep coming back to Boresight. The ability to service this and other North American customers directly from our US facility means that our delivery lead times and costs are reduced, providing more responsiveness whilst driving down overheads. Support for this delivery will be provided from our Australian HQ where required, while we continue to ramp up operations at our expanded US facility.  

Delivery and payment is expected in the second quarter of FY27.

ASX listing designed to spur growth

Boresight, which was incorporated in 2020, raised $8 million ahead of its June listing on the ASX.

The company said its goal was, “to provide low-cost aerial drone targets to service western and allied militaries as they tackle how to respond to the rapidly changing battlespace”.

The company said further:

Military customers require a cost-effective and reliable way to evaluate counter drone technologies. Once these capabilities are deployed, they must develop effective tactics, techniques and procedures (TTP’s) for their use, and undertake continuous training to ensure that personnel are properly trained, and maintain those skills, throughout the life of the technology. To achieve this, customers require low-cost, disposable training drones (targets) – and lots of them. Boresight was created to meet that need.

Boresight said at the time it had sold more than 6,000 drones to customers globally since its launch and had offices in the US, the United Kingdom, and Australia.

Boresight shares were changing hands for 36 cents on Monday morning, up 14.3%.

The company is valued at $39.9 million.

The post Which ASX drone company is surging more than 10%? appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Investors continue to pour serious money into two of the ASX’s most popular Vanguard exchange-traded funds (ETFs).

The Vanguard Australian Shares Index ETF (ASX: VAS) and Vanguard MSCI International Shares ETF (ASX: VGS) now collectively oversee roughly $40 billion in funds under management.

For many Australian investors, the pair represents the foundation of a long-term portfolio. VAS provides broad exposure to the local market, while VGS looks beyond Australia’s borders to developed international markets, including the US.

But with markets shifting and returns differing across regions, are these Vanguard ETFs still worth buying in September?

VAS: The Australian market workhorse

VAS is designed to provide exposure to the 300 largest companies listed on the ASX, making it a straightforward way to own a slice of Australia’s corporate sector through a single investment.

The ETF has gained around 4% in 2026 and about 1% over the past 12 months. That’s hardly spectacular, but its appeal isn’t necessarily about chasing the strongest short-term returns.

Instead, VAS offers diversification across major Australian industries and a relatively attractive income stream. Commonwealth Bank of Australia (ASX: CBA) and BHP Group Ltd (ASX: BHP) are among its largest holdings, each accounting for more than 10%.

The fund’s dividend yield is around 3.7%, reflecting Australia’s traditionally strong dividend culture.

There is, however, a catch. This Vanguard ETF is heavily tilted towards financials and resources. That means investors are indirectly making a sizeable bet on Australia’s banks, commodity prices and domestic economy.

VGS: Taking the portfolio global

VGS tackles one of the biggest weaknesses of an Australia-only portfolio: concentration.

The Vanguard ETF invests across developed international markets, giving Australian investors exposure to hundreds of companies outside the local market. It has returned around 9% over the past year.

The US makes up a significant portion of the portfolio, with technology giants such as Apple Inc (NASDAQ: AAPL) and Nvidia Corp (NASDAQ: NVDA) among its largest holdings, each representing more than 5% at the time of writing.

That global exposure can help reduce reliance on Australia’s relatively small and concentrated share market. It also gives investors access to industries and businesses that have a much smaller presence on the ASX.

But VGS isn’t risk-free. International markets can experience sharp corrections, while geopolitical developments and movements in the Australian dollar can affect returns for local investors.

Are they still buys?

For long-term investors, there’s a strong case for both Vanguard ETFs.

VAS can provide domestic exposure and a healthy income stream, while VGS adds international diversification and greater exposure to global growth companies.

Rather than viewing them as competing ETFs, investors could see the two as complementary building blocks.

Neither is guaranteed to outperform from here. But for investors focused on building wealth over decades rather than months, the combination of broad diversification, established companies and relatively simple portfolio construction remains compelling.

The post Are these top Vanguard ETFs still a buy in September? appeared first on The Motley Fool Australia.

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Motley Fool contributor Marc Van Dinther has positions in BHP Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Apple and Nvidia. The Motley Fool Australia has recommended Apple, BHP Group, Nvidia, and Vanguard Msci Index International Shares ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Private equity firm Warburg Pincus has swooped in with a buyout offer for Ingenia Communities Group (ASX: INA) just days after the real estate investor’s shares fell sharply on its own takeover deal.

Shares in Ingenia dipped after it revealed plans in late August to acquire Peet Ltd (ASX: PPC), one of Australia’s leading master planned community developers.

Ingenia’s own deal out of favour

Ingenia shares fell from levels above $4 following the announcement of the deal and last traded at $3.65 before Warburg Pincus announced its deal.

That offer is for $4.75 in cash per share. Ingenia shares were up 13.7% to $4.15 in early trade on Monday.

Ingenia said in a statement to the ASX that the Warburg Pincus deal was subject to numerous conditions, including a unanimous recommendation from its board and the Peet deal not proceeding.  

The Ingenia board said that after thorough consideration, it had determined that the offer “substantially undervalues Ingenia and is not in the best interests of its security holders”.  

The company added:

The Board is confident in Ingenia’s strategic direction and growth trajectory. There are strong long-term structural tailwinds supporting continued growth in the land lease communities sector and the attractiveness of Ingenia’s holiday parks business in providing affordable holiday accommodation. Ingenia believes there are significant opportunities to continue to grow its business, enhance the scale and efficiency of its platform, and deliver long term value to its security holders. The Ingenia Board considers that the proposed acquisition of Peet is an important component of Ingenia’s strategy, securing a significant development pipeline which is expected to support Ingenia’s growth and product delivery over time.

Peet deal to grow scale

Ingenia is offering Peet shareholders 68 cents per share as well as 0.3367 Ingenia shares per Peet share.

The Peet board has unanimously approved the deal, subject to an independent expert’s report.

Ingenia said regarding the deal:

The transaction has strong strategic and financial rationale for both sets of securityholders, creating a leading national land lease platform and expanding Ingenia’s presence in the complementary master planned community sector.

Ingenia Communities Chief Executive Officer John Carfi said the deal was a “unique opportunity” to create a high-quality development pipeline on attractive terms.

He added:

The transaction delivers on our core strategic goals, increasing our scale and exposure to land lease development, creating a national platform, accelerating and securing growth beyond our 5-Year Plan, as well as delivering a logical extension to our living strategy that responds to the evolution of the residential sector.

The post Why are Ingenia shares soaring today? appeared first on The Motley Fool Australia.

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Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.