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ASX-listed EOS has been awarded a contract for Remote Weapon Systems by a Western European government, valued at approximately $51 million.
The contract, awarded to EOS’ Defence Systems business, will include spares, training, and related services.
Still subject to approval by the Australian government, supply is scheduled to commence during 2023 in accordance with customary terms.
“The EOS RWS product portfolio is designed to provide the highest firepower for lowest weight, delivering superior accuracy and reliability compared to competitor systems,” the company said in an ASX-release.
“Over 2,500 units have been sold and are currently in use with several military services in Australia, North America, Europe and South-East Asia.”
The announcement comes just months after EOS Defence Systems confirmed two contracts to supply the weapons systems to Ukraine.
On the 3rd of April, the company announced that it had been contracted to deliver 100 remote weapons systems, spares, and related services in a $120 million conditional contract with the nation.
In a public statement made on the 26th of April, EOS’ defence division announced that it would deliver an additional 50 remote weapons systems, ammunition, spares, and related services to Ukraine throughout 2023 and 2024 under a second conditional contract. The contract was valued at $61 million.
Speaking on the original contract, EOS chief executive officer Andreas Schwer said the company will draw upon its support network and supply chain of over 100 suppliers located across Australia and others internationally.
“EOS is proud to support the Ukrainian Armed Forces and the people of Ukraine by providing the country with the lifesaving utility of its Remote Weapon System,” he said.
“This will contribute to its critical security and defence needs.”
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