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Electro Optic Systems Reports 238% Surge in Orders Amid Strategic Shift to Anti-Drone Technologies

DEFENSE

Electro Optic Systems (ASX:EOS) reported a 238% increase in its order book, reaching $459 million, despite a 27% revenue decline to $128.5 million in 2025. The company, transitioning under a three-year recovery program, emphasized its new focus as 'The Counter Drone Company.'

Key contracts include a €53 million anti-drone order from a European client and a $71.4 million laser weapon export contract. EOS aims to achieve 40-50% of its current order book as revenue in 2026, projecting $180-$230 million in revenue for the upcoming year.

Electro Optic Systems Reports 238% Surge in Orders Amid Strategic Shift to Anti-Drone Technologies
Feb 23, 2026, 1:02 PM

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