COUNTER-DRONE ORDERS (US$45M)
Electro Optic Systems Holdings Limited (“EOS” or the “Company”) (ASX:EOS), is pleased to
announce that is has secured two new unconditional orders for counter-drone systems with a
total value of US$45m (approx. A$64m).
MIDDLE EAST SLINGER ORDER (US$42m or A$59m)
EOS has secured a US$42m order for its Slinger Remote Weapon System (“RWS”). The order
includes the Slinger RWS, cannons, platform integration, spares, training and other supplies.
EOS understands that the system is intended to strengthen defence systems in light of
escalating regional conflicts in the Middle East.
This sale is to an established customer country in the Middle East and the customer is a large,
established defence prime contractor with several large-scale government and export
contracts. The customer has requested that EOS do not disclose the customer identity due to
national security considerations.
The order is subject to customary terms and requires export approvals to be obtained in
Australia and the United States. The systems are expected to be manufactured in Australia and
delivered during 2026. This delivery program may require EOS to re-assess production
schedules during 2026 and 2027.
The EOS Slinger RWS is EOS’ market leading counter-drone cannon-based defence system.
US ORDER (US$3m or A$5m)
In recent days EOS Defense Systems USA has secured orders totalling US$3m (approx. A$5m)
for integration into a counter-drone weapon system. Due to the sensitive nature of the order,
the customer has requested that the final product, the customer and the end-user not be
named. The customer is a large established US Defence contractor. The product will be
manufactured in Australia and the order is expected to be fulfilled during 2026.
CURRENT CONFLICT IN THE MIDDLE EAST
During March 2026 EOS has continued discussions with several Middle Eastern governments
and related representatives regarding the provisions of advanced counter-drone systems.
Those systems include the established cannon-based Slinger RWS product; our High-Energy
Laser Weapon APOLLO product range; and other related products for infrastructure protection.
EOS views that the current military conflict may accelerate those opportunities albeit there is
no guarantee that any additional orders will be secured.
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