FitInvestmentIdeas
Jun 19, 11:54 AM
$EOPSF
ELECTRO OPTIC SYSTEMS
The new JV should double
$EOS.AX´s backlog within 12 months.
$EOS.AX announced a new US
$124M order and a new JV, with the goal of achieving JV sales of laser systems totalling US
$540M over the next 12 months.
$EOS.AX backlog is already at a record high of US
$640M. The JV should double the backlog in the next 12 months.
I believe that
$EOS.AX will reach a new all-time high next week.
Everybody interested in
$EOS.AX should read the report. Main bits:
$EOS.AX has secured a US
$124M order for its Slinger Counter-Drone Remote Weapon System
$EOS and Gen5 have entered a joint-venture shareholders' agreement (“
$JVA”) to :-
Within 12 months, secure for the JV, a minimum US
$250M order for the development of a 200-300kW HELW product family,
- Within 9 months, secure for the JV a contract for work inside the JV for a contract for several 100kW HELW for a minimum aggregate amount of US
$290M;
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