Yeah not discounting Elbit at all, given we colloborate already on T2000. Army must have reason for withdrawing the BMS built by Elbit- as to why who knows it remains classified unless you can tell us, noting C4 Edge is targeting sub battle group 4Cs. But the fact remains its a lesson in building sovereign capability. It also shows that export markets need to be targeted for Australia to develop an Elbit who exports to the world. That should be our aim including the UAE who is already a customer who obviously wouldnt buy an Elbit system. All of defence industries are export focused- to say simply oh indigienous production rules means we shouldnt target exports I think is defeatist. And EOS work share may be higher or lower depending on the RWS, integration work, sat comms and EM Solutions as well as export potential. Are we up against global primes? Yes. Can Australia build world class products? I think EOS is proof of that already.
In terms of share price its nothing at the moment its only a demonstration stage. But a future growth area with export potential- lets see how the Nov trials go. Short term SP movement will be driven by Spacelink, RWS, CUAS and SSA. But C4, as well as SMA, in my mind is a clear example of EOS know how and technology stack.
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