EOS 0.39% $1.30 electro optic systems holdings limited

Outlook defense EOS presentation 22 may 2017: -EOS is presently...

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    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.
    Last edited by van der Meijde: 02/06/17
 
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