EOS announces $61 million RWS supply agreement for Ukraine

Defence and space industry manufacturer Electro Optic Systems (EOS) has announced a second conditional contract with Ukraine, worth as much as $US 41 million (about $61 million), to supply up to 50 of its remote weapons systems (RWS).

According to a statement from the ASX-listed company on Wednesday, the contract is with an unnamed Ukrainian company, “conditional on demonstration testing over the coming weeks,” and “subject to other customary terms for military contracts”. The deal is also – consistent with typical wartime contract arrangements – subject to conditional early termination rights in favour of the customer, it added.

The company’s RWS allow soldiers to fire anti-tank missiles, cannon and machine guns from inside an armoured vehicle, while also giving unprecedented accuracy of fire.

As reported by @AuManufacturing, EOS announced a conditional sale for up to 100 RWS to Ukraine on April 3, which at $120 million  was one of the company’s biggest contracts ever.

EOS said it has sold over 2,500 RWS units globally, which are in use with military services in Australia, North America, Europe and South-East Asia.

Picture: EOS/Javelin missile firing from a remote weapons station

Further reading

ELECTRO OPTIC SYSTEMS $120 MILLION IN SUPPLY AGREEMENT WITH UKRAINE

EOS CONFIRMS UTILITY REMOTE WEAPONS STATION FOR UKRAINE

EOS TARGETS WEAPONS SYSTEMS SALE TO UKRAINE

CELEBRATING AUSTRALIAN SOVEREIGN CAPABILITY – THE COVID WOES AND REVIVAL OF ELECTRO OPTIC SYSTEMS