EOS Lands A$108 Million Contract for Remote Weapon Systems in LAND 400-3

A Major Win for EOS in Australian Defence Modernisation

Electro Optic Systems Holdings Limited (ASX – EOS) has secured a substantial contract valued at A$108 million to supply Remote Weapon Systems (RWS) for the Australian Defence Force’s (ADF) LAND 400-3 project. This contract, awarded through Hanwha Defence Australia; the prime contractor for the project; marks a significant milestone for EOS, reinforcing its position as a key player in Australia’s defence supply chain.

Tailored Technology for the Redback Infantry Fighting Vehicle

The contract calls for EOS to deliver an enhanced version of its R400 Remote Weapon System, specifically designed and tested to meet the unique operational requirements of the ADF. These systems will be fully integrated with Hanwha’s Redback Infantry Fighting Vehicle (IFV), a cornerstone of the LAND 400-3 program aimed at modernising the Australian Army’s armoured capabilities with 129 new IFVs.

Beyond the weapon systems themselves, the contract includes spare parts, training, and documentation, ensuring comprehensive support for the ADF’s deployment and operational readiness. The integration of EOS’s RWS with the Redback IFV highlights a growing trend towards modular, networked defence platforms that enhance battlefield effectiveness and crew safety.

Local Manufacturing and Supply Chain Impact

Manufacturing will take place in Canberra, leveraging EOS’s extensive network of over 100 Australian suppliers. This localised production not only supports domestic industry but also aligns with government priorities to strengthen sovereign defence capabilities and supply chains. The contract’s fulfillment is expected to span from 2025 through to 2027, providing a steady revenue stream and operational focus for EOS over the coming years.

Strategic Implications and Forward Outlook

This contract win underscores EOS’s growing footprint in land warfare systems, complementing its broader defence portfolio that includes high-energy laser weapons and integrated surveillance and reconnaissance technologies. While the announcement does not provide detailed financial guidance or margin expectations, the scale and duration of the contract suggest a meaningful contribution to EOS’s medium-term revenue and operational pipeline.

As the LAND 400-3 project progresses, EOS’s ability to deliver on this contract will be closely watched by investors and defence analysts alike, with successful integration and production critical to maintaining momentum in Australia’s defence modernisation efforts.