EOS 1.66% $1.23 electro optic systems holdings limited

EOS, Canberra, 14 September 2017: 'The company is confident of...

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    EOS, Canberra, 14 September 2017:

    'The company is confident of completing sufficient contracts during 2017 to exceed AU$500 million in cumulative orders for its new R-400S-Mk2 weapon system. Either of these new programs would raise the total production capacity required for the product to more than $120 million per year.'

    When announced, a takeover of the defense business seems likely.
 
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