Electro Optic Systems - Growth from defence
Electro Optic Systems (EOS) is an optic technology company specialising in defence applications, primarily remote weapons systems (RWS) and maritime communications. The company is benefiting from increased defence spending, is well-positioned in the new frontier of drone warfare and brings optionality in future battlefield arenas of high-energy laser weapons (HELWs) and space. Improved H1 results, a strong balance sheet and an extensive pipeline position EOS to benefit from such dynamics.Electro Optic Systems Holdings is engaged in the development, manufacture and sale of telescopes and dome enclosures, laser satellite tracking systems and the manufacture of electro-optic fire control systems. Co. operates in Australia, U.S., Singapore and Germany. Co. has three segments consisting of: Space Systems, which is a supplier of optical systems; Space Surveillance, which supplies laser-based space surveillance systems; and Defense, which develops, manufactures and markets fire control, surveillance, and weapon systems to military customers.
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