EOS 3.88% $1.24 electro optic systems holdings limited

There should be lots of business for EOS with this...

  1. 155 Posts.
    There should be lots of business for EOS with this contract.



    http://news.ninemsn.com.au/article.aspx?id=280835

    By Shaun Davies
    ninemsn
    The US government has contracted aerospace company Boeing to develop an artillery-destroying laser beam for its monster "Dragon Wagon" trucks.
    Boeing will create preliminary plans for a high-energy laser designed to blow rockets, artillery shells and mortar rounds out of the sky.
    The "rugged beam control system" laser will be mounted on the US military's 10-tonne Heavy Expanded Mobility Tactical Truck, nicknamed the Dragon Wagon.




    If the initial design phase is successful, Boeing will attempt to develop an actual laser-packing Dragon Wagon.
    "We consider this program an important win for Boeing because it supports a cornerstone of the army's high-energy laser program," Boeing Missile Defence Systems vice president Pat Shanahan said.
    "We believe this is the next step for developing a weapon system that can change the face of the battlefield."
    Boeing has developed several other laser technologies for the US military, most notably its airborne laser, a modified 747 jumbo jet with a ray gun inside.
    The laser-toting jumbo (see artist's impression, pictured) is designed to destroy ballistic missiles during their initial boost phase.
    Boeing recently issued a statement trumpeting the latest successful test of the airborne laser, but Democrats in the US congress have raised questions about the expensive project's viability.
 
watchlist Created with Sketch. Add EOS (ASX) to my watchlist
(20min delay)
Last
$1.24
Change
-0.050(3.88%)
Mkt cap ! $271.0M
Open High Low Value Volume
$1.30 $1.34 $1.23 $1.074M 834.9K

Buyers (Bids)

No. Vol. Price($)
4 37573 $1.23
 

Sellers (Offers)

Price($) Vol. No.
$1.27 12516 2
View Market Depth
Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
EOS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.