Stock news Electro Optic Systems
Electro Optic Systems (ASX: EOS) announced new sales orders totaling approximately A$38 million on July 2, 2026. The orders comprise a US$16 million (A$23 million) contract for Naval R400 Remote Weapon Systems (RWS) to be integrated into offshore patrol vessels for a new Middle Eastern shipbuilding customer, and a £8 million (A$15 million) order for a MARSS counter--drone command and training center. These contracts represent a strategic expansion into the maritime end--market and demonstrate the successful upsell of MARSS's AI--enabled NiDAR software to existing national defense clients.