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How EOS’s $459m Backlog and Laser Weapon Deals Could Reshape Defence Tech

9:32am on Tuesday 27th of January, 2026 AEDT Defence
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How EOS’s $459m Backlog and Laser Weapon Deals Could Reshape Defence Tech

9:32am on Tuesday 27th of January, 2026 AEDT
Key Points
  • Contract backlog surges 238% to $459 million
  • Secured $120 million High Energy Laser Weapon contract in South Korea
  • Acquisition of MARSS Group to expand AI-enabled counter-drone systems
  • Positive operating cash flow of $19.3 million and cash holdings rise to $106.9 million
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