Australia's Electro Optic Systems climbs to 1-1/2-week high on new sales orders
02/07/2026 01:32
BUZZ-Australia's Electro Optic Systems climbs to 1-1/2-week high on new sales orders ** Shares of Australia's Electro Optic Systems EOS.AX climb as much as 8.1% to A$10.56, their highest level since June 22
** Stock among top gainers in the benchmark index .AXJO, which was last down 0.4%
** The defence and space systems firm secures a $16 million order for its naval r400 remote weapon system to an unnamed customer in the Middle East
** Company's recently acquired MARSS business also secures an £8 million ($10.62 million) order from an existing customer in the Middle East for counter-drone defence
** Electro Optic stock up over 9%, YTD
($1 = 0.7535 pounds)
(Reporting by Shruti Agarwal in Bengaluru)
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