Outlook defense EOS presentation 22 may 2017:
-EOS is presently engaged in negotiations for a significant contract to supply Advanced RWS to Orbital ATK.
-As announced on 3 rd March and as updated on 27th March 2017, EOS has already received a firm order of US$14m from Orbital ATK to support the purchase of long lead-time parts.
-As announced on 27th March 2017, the main contract, which is expected to be executed shortly, is determined to be in the range of A$150-170m.
-This contract, when executed, represents a significant win for EOS and gives validation to its industry leading Advanced RWS technology.
-To support the early stage fulfilment of the Orbital ATK contract, EOS completed an institutional placement to raise A$8.5m, per its announcement on 27th March 2017.
-Other Advanced RWS contracts are available and EOS is actively pursuing these opportunities.
-The Company expects that within the next two quarters contracts with an additional value of up to $330m (beyond the Orbital ATK contract) could be signed.
Valuation, page-65
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