Electro Optic Systems announced it has secured a new order for its Slinger Counter-Drone Remote Weapon Systems (“RWS”) amounting to €11.4 million or approximately A$20 million. The order is with a Western European NATO country. The systems are intended to address urgent operational requirements and delivery is expected to occur within the next six months. Most of the incremental revenue from this order is expected to arise during 2026. The order includes RWS, spare parts, training and other items.
In recent months the drone threat to Western European countries has been increasing. This order demonstrates that EOS’ flagship Slinger Counter-Drone RWS is a product of choice for kinetic counter-drone weapon systems.
In addition to the above, EOS has previously announced several new secured orders during 2025, including those detailed below:
As a result of securing new orders the unconditional Contract Backlog as at the date of this announcement is over $400 million. This is almost three times higher than at 31 December 2024. Based on existing customer requirements and current production schedules, EOS currently expects most of the Contract Backlog to be converted into revenue during 2026 and 2027.
In addition, EOS has an extensive pipeline of sales opportunities. EOS continues to work to convert these pipeline opportunities to signed contracts. There is no guarantee that any pipeline opportunities will be realised in the form of binding sales contracts.
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