14 small caps likely to benefit from increased defence spending
Tech
1 hour ago | 6.3.2018
Remote weapon systems provider Electro Optics Systems (ASX:EOS) had a major win to supply 600 of its latest model to a US defence supplier last year and continues to gain momentum with several overseas customers announced since.
Last year the company won bids for tenders totalling $1 billion to provide light vehicles with “unprecedented access to firepower normally reserved for much heavier armoured vehicles”.