Stock news Electro Optic Systems
Electro Optic Systems (ASX: EOS) has secured a €31 million (approximately A$53 million) contract to supply its Slinger counter--drone systems to an unnamed European naval platform integrator. This agreement, reported on August 30, 2026, represents the largest order to date for the naval variant of the Slinger system. Funded by a European sovereign entity, the contract underscores the growing international demand for the company's kinetic counter--UAS technology in maritime environments and reinforces its strategic expansion into the European defense market.