EOS 1.54% $1.28 electro optic systems holdings limited

Ann: EOS Defence Systems Executes Order, page-10

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  1. 112 Posts.
    Love the wording on these two paragraphs, has given me so much joy reading them over and over...


    Electro Optic Systems Holdings Ltd (ASX: EOS) confirmed today that it has executed a $170 million contract to supply weapons systems to Orbital ATK. The contract was foreshadowed in announcements from 3 March 2017.

    EOS has now secured access to sufficient resources and supplies to expand its order intake for 2017 well beyond this initial AU$170 million contract. EOS now expects to exceed AU$500 million in 2017 orders for its new R-400S-Mk2 weapon system.

    With half a billion dollars revenue within the next few months and a current market cap at $180M, I look forward to the holding and take delight with the returns.
 
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