A leading Australian technology company, Electro Optic Systems (EOS) which operates in the aerospace and defence markets has secured a long term lease on a large production facility downtown from Huntsville USA. The new facility is strategically positioned between Huntsville International Airport and its long time US partner Northrop Grumman.
The new production facility will enable the company to expand its US operations as well as take advantage of the local distribution and supply networks throughout the United States and the world.
The company is extremely excited about its most recent acquisition, and is looking forward to increased operating efficiencies and the possibilities of forming new partnerships.
Or something like that.
EOS Price at posting:
$2.80 Sentiment: Hold Disclosure: Held