EOS Order Book Jumps 56% as Kuwait Deal Lifts Combined Orders Above A$1.4 Billion
Closing price · 2026-10-26: $8.79 · +3.90%
EOS reported an order book of A$717 million at quarter-end, up 56% since the end of 2025, and says its combined order book exceeds A$1.4 billion including a conditional Kuwait counter-drone contract worth approximately A$700 million. Available cash fell by A$123 million during the quarter to A$133 million, mainly due to working capital and bank-guarantee deposits linked to MARSS contracts, then rose to A$204 million by 23 October after contract receipts. The company also secured a Netherlands Ministry of Defence letter of intent concerning its laser weapon technology.