Australia's Electro Optic Systems hits record high on Mideast defense order

Electro Optic Systems Holdings

13/03/2026 24:44

** Electro Optic Systems EOS.AX jumps as much as 14.4% to record high of A$14.42

** Stock marks biggest intraday pct gain in more than a week

** Defense co secures $42 million order for its Slinger Remote Weapon System from Middle East contractor

** Says system intended to strengthen defence capabilities in light of escalating conflicts in region

** EOS up 10.8% YTD

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))