EOS’ Defence Systems business had secured a conditional contract to supply Remote Weapons Systems to Ukraine. This is for up to A$120m and represents the third largest contract in the company’s history.
There may be more news flowing from the Australian Defence Review, Budget and government response to the Submarine Taskforce Force recommendations.
SP up approx 41% on todays trading.
This sector is about complex relationship building that takes time, much patience and belief in your products available now and what's going to be available in the future ie the pipe line.
Not having a disclosed interests in a company means you're wasting your time following this company. Construction views welcome. Trashing, insulting, rude & derogatory comments go elsewhere on the ASX. These views don't value add to those who have an investment in the company.
EOS Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held
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