New RWS Orders and Market Update

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Stock Electro Optic Systems Holdings Ltd (EOS.ASX)
Release Time 2 Mar 2026, 8:27 a.m.
Price Sensitive Yes
 EOS Secures New RWS Orders, Provides Market Update
Key Points
  • Secured A$17m order for R400 Remote Weapon Systems in Middle East
  • Received first order for R800 RWS in India, valued between A$1-2m
  • Discussing UAE-based manufacturing of EOS RWS products to support counter-drone requirements in UAE and Korea
Full Summary

Electro Optic Systems Holdings Limited (EOS) has announced several new orders and a market update. The company has secured an order valued at US$12m (approximately A$17m) for R400 Remote Weapon Systems (RWS) with 30mm cannons, to be delivered to an established customer in a Middle Eastern GCC country. This order is intended to strengthen the customer's defence systems in light of escalating regional tensions and conflicts. EOS has also received an order for one naval R800 RWS from a large established prime contractor in India, valued between A$1m and A$2m. This represents EOS' first sale to the defence industry in India and the second sale of the new heavy-calibre R800 system. The prime contractor is competing to supply an end-user requirement for over 130 systems, and EOS will work closely with the contractor and end users during 2026 and 2027 to support platform integration and trials. Additionally, EOS has been in ongoing discussions with an established local manufacturing partner in the UAE to develop proposals for UAE-based manufacturing of EOS RWS products to support counter-drone requirements in the UAE and Korea. This is in addition to the previously announced opportunity to supply High Energy Laser Weapons to Korea under a conditional US$80m contract. EOS expects to continue working on these opportunities during 2026, and if successful, they could result in the provision of a substantial number of EOS products to Korea in future years.

Outlook

EOS expects that the current ongoing military conflict in the Middle East could accelerate opportunities for its advanced systems for air defence, including counter-drone systems. However, there is no guarantee that any additional orders will be secured.