Canberra defence manufacturer Electro Optic Systems is in the box seat to be a major local supplier in the construction of Hanwha Defense Australia Redback infantry fighting vehicles (IFV) to be built in Geelong. In a $5 billion plus deal just announced, EOS along with local manufacturers armour steel manufacturer Bisalloy and heavy equipment manufacturer…
The federal government appears to have done what all governments have done recently – leaked the result of a critical government decision to favoured news sources. In this case selected media are reporting tonight that the government has decided to buy 129 infantry fighting vehicles from South Korea’s Hanwha Defense over its German rival for…
South Korean legislators have called for closer cooperation on defence industry in a session at the ROK National Assembly attended by Australia’s ambassador to Korea Catherine Raper and Labor MP Jerome Laxale. Professor Kim Woosang, Professor of Political Science and Diplomacy at Yonsei University in Seoul, called for the establishment of a robust defense, industry…
What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) EOS lines up cash and credit to fund growth Defence, space and communications manufacturer Electro Optic Systems has beefed up its finances achieving a net cash balance of $42.2 million as at June 30 as it expands…
By Peter Roberts Defence, space and communications manufacturer Electro Optic Systems has beefed up its finances achieving a net cash balance of $42.2 million as at June 30 as it expands to cater for a raft of major new orders. On 30 June the Canberra company received a $17.2 million tax refund from the federal…
The new iLaunch (Innovative Launch, Automation, Novel Materials, Communications, and Hypersonics) Trailblazer, linking three universities with private businesses to commercialise space-oriented R&D, will be launched by federal assistant education minister Anthony Chisholm on Thursday. The Trailblazer initiative was part of the previous federal government’s efforts to increase commercial returns from university research, and was awarded…
Defence manufacturer Electro Optic Systems (EOS) has opened a new production line at its Canberra plant to manufacture the company’s new R150 Remote Weapon System (RWS). The RWS is the lighweight version of the company’s RWS design which allows soldiers to locate, point and fire guns, canon and missiles from inside the safety of an…
The federal government’s Capability Acquisition and Sustainment Group (CASG) has selected EM Solutions to upgrade the Royal Australian Navy’s SATCOM systems across its existing fleet of vessels, sparking a major expansion for the Brisbane company. Worth $150 million over seven years, this is by far the largest contract ever signed by EM Solutions which will…
STÄRKE expands into injection moulding STÄRKE Advanced Manufacturing Group has announced the acquisition of the complete assets of RIAN INDUSTRIES, a 22 machine injection moulding business in Melbourne. Group CEO Al Jawhari said the company would be known as STÄRKE INJECTION MOULDING PTY. LTD. and combined with the company’s facilities in Adelaide and Detroit, Michigan…
Brisbane’s EM Solutions has secured a contract with the Australian Defence Force to provide equipment to modernise communications aboard Royal Australian Navy ships. The company, a subsidiary of Electro Optic Systems, will supply equipment to modernise voice and data communications and information exchange capabilities for RAN vessels under the ADF’s Project SEA1442-5 requirement. EM Solutions…
