New Slinger Counter Drone Order for Euro31m (A$53m)
| Stock | Electro Optic Systems Holdings Ltd (EOS.ASX) |
|---|---|
| Release Time | 19 May 2025, 8:37 a.m. |
| Price Sensitive | Yes |
EOS Secures €31m Counter-Drone Order for Naval Systems
- Largest ever order for EOS' 'Slinger' Counter-Drone Remote Weapon System
- Order from European naval systems integrator, funded by Western European government
- Systems to address urgent operational requirements in Europe, with delivery in 2025-2026
Electro Optic Systems Holdings Limited (EOS) has announced that it has secured a new order for Remote Weapon Systems (RWS) amounting to €31 million (~A$53 million). The order is from a European naval systems integration business and is funded by a Western European government. The order is for EOS' flagship 'Slinger' Counter-Drone Remote Weapon System, and the systems will be configured for naval deployment. The order includes a range of weapon configurations, including some systems with cannons, as well as spares, training, and other items. The systems are intended to address urgent operational requirements in Europe, and delivery is expected to occur during 2025 and 2026. This order represents the largest order to date for the EOS 'Slinger' Counter Drone RWS, and the largest ever EOS order for naval RWS. The order follows extensive and ongoing marketing and sales activity by EOS in several high growth markets.