Excellent news:
Electro Optic Systems Holdings Limited (“EOS” or the “Company” (ASX: EOS) announces that it has recently secured new orders amounting to approximately A$33.7 million.
EOS has received an order for Counter-Drone Container Based Remote Weapon Systems (CBRWS) from a new Western European customer valued at EUR8.2 million (approximately A$13.6 million). The CBRWS will be integrated with a 70mm long-range counter-drone rocket system. These systems are expected to be delivered during 2025.
EOS Singapore has also received orders for remote weapon system spares worth SGD17.1 million (approximately A$20.1 million). These orders are expected to be delivered during 2025and 2026.
These orders demonstrate the benefits of EOS’ strategic focus on diversifying its remote weapon system product range and customer base in recent years. EOS’ key focus in the coming months will continue to be the development of its order book.’
EOS Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(ASX: EOS) announces that it has recently secured new orders amounting to approximately A$33.7 million.
(20min delay)