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Up 89% in a year, why this ASX All Ords defence stock could keep rocketing in 2025

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The All Ordinaries Index (ASX: XAO) has gained a modest 1.48% over the past year, with one ASX All Ords defence stock doing a lot of the heavy lifting.

The fast-rising company in question is Aussie shipbuilder Austal Ltd (ASX: ASB).

Despite slipping 1.79% at the time…



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