Electro Optic Systems (ASX:EOS) Secures Role in LAND 156 Defence Project
Project LAND 156 Contract
Electro Optic Systems Holdings Limited (ASX:EOS) is part of the Leidos Australia team awarded the Systems Integration Partner contract for the Australian Defence Force’s Project LAND 156. This initiative, backed by a $1.3 billion investment over ten years, aims to develop comprehensive counter-drone capabilities, including command-and-control systems, sensors, and effectors.
Revenue Potential
The initial award is expected to result in orders for EOS products, including the Slinger counter-drone remote weapon system. Following the evaluation and system design phase, further orders could boost EOS revenue from 2026 onwards.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Electro Optic Systems. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.
