iscover
Electro Optic Systems Holdings has announced a new $32 million order for its R400 Remote Weapon System (RWS) to equip Light Armoured Vehicles (LAV) for a customer in North America.
The LAV is being manufactured by a prime contractor, for supply to an end user in South America. The prime contractor is a large, longstanding defence manufacturing company with an investment-grade credit rating.
The RWS are being supplied by EOS in a ground-to-ground configuration. The systems will be manufactured at the EOS’ manufacturing facility in Canberra, Australia, during 2026 and 2027.
The order includes the supply of RWS, vehicle integration kits, storage services and other items.
“As a result of securing new orders, the unconditional contract backlog as at the date of this announcement is over $400 million. This compares to an unconditional contract backlog of $136 million at 31 December 2024,” according to an EOS statement.
“Based on existing customer requirements and current production schedules, EOS currently expects most of the contract backlog to be converted into revenue during 2026 and 2027.
“In addition to the above contract backlog of secured orders, EOS has an extensive pipeline of sales opportunities. EOS continues to work to convert these pipeline opportunities to signed contracts. There is no guarantee that any pipeline opportunities will be realised in the form of binding sales contracts.”
