New Slinger Counter-Drone Order (A$20m) and Backlog Update
Electro Optic Systems Holdings (ASX: EOS)
Electro Optic Systems Holdings Limited (“EOS” or the “Company”) (ASX:EOS) today announces that it has secured a new order for its Slinger Counter-Drone Remote Weapon Systems (“RWS”) amounting to €11.4m or approximately A$20m. 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.
CONTRACT BACKLOG
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 $400m. This is almost 3 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 to the above Contract Backlog of secured orders, EOS has an extensive pipeline of sales opportunities (see Investor Presentation released on 22 August 2025 for details). 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.
To read the full announcement, please click here
About us:
ABOUT ELECTRO OPTIC SYSTEMS
(ASX: EOS)
EOS operates in two divisions
DEFENCE SYSTEMS
Defence Systems specialises in technology for weapon systems optimisation and integration, as well as ISR (Intelligence, Surveillance and Reconnaissance) and C4 systems for land warfare. Its key products include next-generation remote weapon systems, vehicle turrets, high-energy laser weapons (directed energy), as well as fully integrated and modular counter-UAS and C4 systems.
SPACE SYSTEMS
Space Systems specialises in applying EOS-developed optical sensors and effectors to detect, track and characterise objects in space. It includes capabilities in the domain of space control.
Contact details:
DR. ANDREAS SCHWER
Managing Director and Chief Executive Officer
[email protected]