EOS secures A$33m contract to support US Army
| Stock | Electro Optic Systems Holdings Ltd (EOS.ASX) |
|---|---|
| Release Time | 23 Dec 2025, 2:37 p.m. |
| Price Sensitive | Yes |
EOS secures A$33m contract to support US Army
- EOS secures US$22m (A$33m) contract to deliver Remote Weapon Systems (RWS) to a prime contractor for integration onto a major U.S. Army ground combat vehicle
- Manufacturing will take place at EOS' facility in Huntsville, Alabama, further establishing the Company's presence in the U.S. defence market
- This contract represents EOS' long-awaited entry into the large US market with EOS' current generation of RWS
Electro Optic Systems Holdings Limited (EOS) has secured a binding contract to deliver Remote Weapon Systems (RWS) to a prime contractor for integration onto a major U.S. Army ground combat vehicle. The multi-year agreement with General Dynamics Land Systems (GDLS) includes RWS hardware, development, spare parts and training. The initial contract is for US$22m (approximately A$33m), and the work will occur over the next two to three years. EOS will deliver an enhanced RWS, designed specifically to meet the U.S. Army's operational requirements, with manufacturing taking place at EOS' facility in Huntsville, Alabama, further establishing the Company's presence in the U.S. defence market. EOS believes that this contract with GDLS and EOS' support for the U.S. Army underscores its role as a leading global supplier of advanced RWS technology. This contract represents EOS' long-awaited entry into the large US market with EOS' current generation of RWS. EOS expects that this initial binding contract could lead to future orders for large scale production over an extended period, although there is no guarantee that future orders will be secured.
EOS currently expects most of the Contract Backlog of over $400m to be converted into revenue during 2026 and 2027.
EOS continues to work to convert its extensive pipeline of sales opportunities to secured orders, although there is no guarantee that any pipeline opportunities will be realised in the form of binding sales contracts.