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EOS opens a new Gulf frontier with conditional £700m counter-drone deal
9:09am on Friday 9th of October, 2026 AEDT
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Defence
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EOS opens a new Gulf frontier with conditional £700m counter-drone deal
9:09am on Friday 9th of October, 2026 AEDT
Key Points
Largest contract in EOS history, valued at £370m or approximately A$700m
Nation-wide system centred on MARSS’s AI-enabled NiDAR command platform
More than 80% of revenue expected within 12 to 24 months after conditions are met
£74m bank guarantee and matching customer advance payment still required
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Electro Optic Systems (ASX:EOS)
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