EOS 4.63% $1.92 electro optic systems holdings limited

EOS Charts, page-2506

  1. 96 Posts.
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    I'm trying to research what the possible $1B RWS program could be. I can't see it in Australia unless they're double counting the project called Land 400 Phase 3 which they're competing that turret we've never seen. There's nothing on the Government tender websites (literally anyone can get a logon to these) showing any approach to market. There also hasn't been any media chatter about Australia buying more RWS after the announcement of 251 back in mid-20.

    $1B is also a LOT of remote weapon stations! Based on the 251 sold to Australia for almost $100mil (as close to a real number as I could find) the $1B gets ~2500 RWS. That's a large fleet of vehicles needed to satisfy that order - literally 2500 vehicles... No one is buying that many vehicles around the world.

    As for the T2000, I think the 50/50 is a bullish estimate. At best it's 30% - the German turret on their vehicle, the Israeli turret and then the EOS hybrid of the Israeli turret. The German turret definitely has a 50% chance as that is based on the choice in vehicle. For EOS, Hanwha hardly mention EOS anymore and all the turret videos are from Israel with Elbit coveralls or from the Army's own videos which all show the Israeli turret. Even if EOS get the turret, their workshare must be minimal once the license fees to Elbit are taken out.

    If someone can show me something showing the T2000 in real steel, on a vehicle and firing then I'll change my mind. Otherwise, the T2000 is vaporware and no deeper than powerpoint.
 
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