As I mentioned earlier today, a lot of movement in the Defence space. Scomo held a press conference at the EOS facilities and the PM's office has put out a press release on the following (I expect an ASX announcement and Trading to resume, Bid Price was at $7.90 at time of writing):
"The Morrison Government will acquire 251 Remote Weapon Stations that will better protect Army personnel on operations while boosting Australian jobs and opportunities for small businesses."
"More than 80 per cent of the parts that Electro Optic Systems use for these weapons are sourced through the Australian supply chain and that’s good for jobs and small businesses."
https://www.pm.gov.au/media/new-weapons-boost-army-capability-and-secure-jobs?utm_source=miragenews&utm_medium=miragenews&utm_campaign=news
This doesn't even touch on the Satelite or Space capability investment that will be a facet of this Defence spending. Great news for EOS and domestic Defence companies today.