Business
Electro Optic Systems secures $94 million Australian Defence Force contract – Small Caps
New South Wales technology company Electro Optic Systems Holdings (ASX: EOS) has signed a $94 million contract with the Commonwealth government for the acquisit…
New South Wales technology company Electro Optic Systems Holdings (ASX: EOS) has signed a $94 million contract with the Commonwealth government for the acquisition of 251 remote weapon systems (RWS) and related materials for Australian Defence Force purposes.
The new-generation systems will enhance targeting and accuracy, and protect personnel in the field by allowing them to operate a weaponised system from a safe position onboard Bushmaster and Hawkei protected mobility vehicles.
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