Stock news Electro Optic Systems
Electro Optic Systems (ASX: EOS) released a comprehensive operational update on June 30, 2026, reporting a record order backlog of A$815 million. The increase follows the formal integration of the MARSS Group and new contract awards in the European market. The company confirmed a liquidity position of A$112 million, providing the necessary capital to commence large--scale production of the "Slinger" counter--drone system for the UAE. Management maintained its 2026 revenue guidance, citing strong momentum in AI--integrated defense platforms.