EOS 2.98% $1.56 electro optic systems holdings limited

Ann: Second Conditional Contract to Supply Ukraine (US$40m), page-9

  1. 62 Posts.
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    Hi invisiblekey

    I read through the US Department of Defense $325 million aid package announced on 21 Sept as per link https://www.defense.gov/News/Releases/Release/Article/3534283/biden-administration-announces-additional-security-assistance-for-ukraine/

    and yes it does not mention RWS

    but when I read the announced conditional contracts for up to 150 RWS it is with SpetsTechnoExport (“STE”), a Ukrainian state-owned foreign trade enterprise not the US Department of Defense. Assuming they are happy and want to proceed - the RWS are envisaged to be supplied in 2023 and 2024.

    Not sure I would jump to the conclusion that the deal is dead.
 
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