Kongsberg closes down factory for Remote Weapons Systems in Canada. `We have not seen the work`. it’s “an anomaly” to see a military manufacturer shut down, industry watchers say. http://www.lfpress.com/2017/04/06/w...s-kongsberg-protech-systems-announces-closing . Guess who’s getting the work?
They have a precision range of ~ 1000 meters. https://globenewswire.com/news-rele...t-Orbital-ATK-Bushmaster-User-Conference.html . EOS ~ 2000 meters+. They are being outclassed.
Next year a multi billion dollar RWS contract from the US Army with Kongsberg will expire… http://www.monch.com/mpg/news/14-land/724-orbital-atk-progress-through-partnerships.html . Orbital ATK teams up with EOS. Inclusion in ASX200? It's just a matter of time.
Kongsberg failing to win contracts
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Last
$1.28 |
Change
-0.020(1.54%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.32 | $1.27 | $1.122M | 873.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1600 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 7938 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
