EOS 1.54% $1.28 electro optic systems holdings limited

$150m to $170m DEAL SOON TO BE ANNOUNCED

  1. 1,257 Posts.
    lightbulb Created with Sketch. 26
    The best part is that is this is one order to either the US or one of its allies with more on the way as the US and its allies ramp up activities in the middle east in the war against terror!

    Is this one the US, Saudi or.... ?




    EOS DEFENCE SYSTEMS SECTOR RECEIVES ORDER
    Canberra, 27 March 2017
    Electro Optic Systems Holdings Ltd (ASX: EOS) through its Defence Systems sector
    announced on 3 March 2017 the receipt of a purchase order in the amount of US$7 million
    for the advance purchase of long-lead items for a contract under negotiation with Orbital
    ATK, pending negotiation of a final delivery contract.
    The parties have now completed sufficient definition of the contract deliverables for the scale
    of the proposed contract to be determined in the range AU$150-170 million, deliverable from
    2017-2020.
    The parties now expect to reach final agreement within 14 days.
 
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