ASX:EOSAerospace & Defense
Is A$400m‑Plus Defence Backlog And New CEO Equity Rules Altering The Investment Case For Electro Optic Systems (ASX:EOS)?
Electro Optic Systems Holdings recently reported securing several major defense contracts, including an A$80 million conditional high‑energy laser deal in South Korea, a US$22 million remote weapon systems order with General Dynamics Land Systems for a U.S. Army program, and additional agreements that lifted its confirmed order backlog above A$400 million.
Alongside this enlarged pipeline across laser, counter‑drone and remote weapon systems, new governance rules requiring the CEO to hold a...