Stock news Electro Optic Systems
Electro Optic Systems (EOS) has formally completed the acquisition of the MARSS Group, a European leader in AI--powered command--and--control (C2) systems. This strategic milestone, confirmed on May 21, 2026, transitions EOS from a component supplier to an integrated, "full--stack" counter--drone systems provider by merging the NiDAR platform with its existing sensor and effector technologies. The completion of the transaction officially expands the company's illustrative total order book to approximately A$726 million, providing a significantly larger base of contracted revenue as the group scales its international defense operations.