EOS electro optic systems holdings limited

Ann: Update on Financing - Further Extension, page-13

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    The government announced this morning its priorities forspending

    https://www.minister.defence.gov.au/media-releases/2022-10-10/quality-defence-spending-top-priority-albanese-government

    It has previously made statements to help domestic defence companies grow and compete with multinationals eg a level playing field as best as possible.

    An MOU with Hanwha Defence Australia re: LEO SATCOMs - on improving low-Earth orbit satellite communications - is just that, a non-legally binding contract but comitment to collaborate. HDA plans to engage strategic partnerships with Australian companies with technological competitiveness.

    In relation to Land Forces contract HDA officially sealed the deal at the International Land Defence Expo that occurred in Brisbane last week.

    Future mud map of defence export strategy is here - an aspiration for local SMEs to be in the top 10 global exporters

    https://www.defence.gov.au/business-industry/export/strategy

 
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