Electro Optic Systems Holdings Limited (“EOS” or the “Company”) (ASX:EOS) today announces that it has secured a new order for Remote Weapon Systems (“RWS”) amounting to A$53 million. The order is from a turnkey naval shipyard related systems integrated company, and is funded by a Western European government.
The battlefield has changed – ever since the dawn of drone warfare. In just three years since Russia’s invasion of Ukraine, the rapid proliferation of cheap, mass-produced drones has transformed the modern battlespace, forcing militaries and defence companies to rethink doctrine and develop new solutions to counter this emerging threat.