ASX:EOSAerospace & Defense
Does New US Contracts And Laser Deal Talks Change The Bull Case For Electro Optic Systems (ASX:EOS)?
Electro Optic Systems Holdings recently announced that its EOS Defense Systems USA unit secured two U.S. defense contracts worth about US$12 million for Remote Weapon Systems, while negotiations continue on converting a conditional US$80 million Korean High Energy Laser Weapon agreement with Goldrone into a firm order.
Together with a smaller U.S. counter-drone contract, incremental equity housekeeping, and a director’s share purchase, these developments highlight renewed operational...