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…
Weapons systems made by Australia’s Electro Optic Systems and DroneShield are to be provided to Ukraine under a soon to be announced $1.3 billion aid package, according to media reports. Reuters reported that the new order would include defenses, counter-drone systems, exploding drones and ammunition. Among the systems to be delivered under the Ukraine Security…
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…
Defence contractor Electro Optic Systems has followed on its success in selling weapons systems to Ukraine with another order announced to supply similar systems to a ‘western European government’, which the company did not name. The $51 million order s for its Australian-made Remote Weapons System (RWS, pictured) which allow troops to aim and fire…
The number of weapons incorporating gimbal pointing systems developed by Canberra defence company Electro Optic Systems – and supplied to Ukraine – is increasing with Northrop Grumman demonstrating a new counter-unmanned aerial system (C-UAS) capability. The demonstration at the SOF Week exhibition now underway in Tampa, Florida includes Northrop Grumman’s Mobile – Acquisition, Cueing and…
