EOS Wins A$410m Defence Export Order

Electro Optic Systems, (ASX: EOS) has been awarded an AU$410 million contract to supply significant quantities of its new R-400S-Mk2 remote weapons systems to an overseas customer. This contract brings sales of this new EOS product to AU$600 million in the first 12 months of product release.

The contract award was announced by EOS’ CEO, Dr Ben Greene, at a ceremony marking the official opening of a major new EOS development and production facility in Hume, ACT by the Minister for Defence Industry, the Hon. Christopher Pyne MP.