🟢 Electro Optic Systems is trading 5.6% up today after securing a US$16 million counter-drone contract

Electro Optic Systems is trading at A$7.41, up 5.56%, after announcing a US$16 million counter-drone contract.

• Announced November 9, the order is with the armed forces of an unnamed Middle Eastern nation and is its first sale to that customer.
• It covers sensors, soft-kill effectors and command facilities using MARSS’s NiDAR C2 system; substantial delivery is expected within 12 months.
• MarketIndex reported the announcement in its November 9 ASX coverage. Volume data was not provided.