Electro Optic Systems (ASX:EOS) (OTCMKTS:EOPSY) has completed development of two new weapon systems aimed at the emerging market for increasing the firepower of armored infantry fighting vehicles. The company also announced the completion of a full support depot for remote weapon systems in Singapore.
Electro Optic Systems Holdings Limited (ASX:EOS) is to re-locate its US remote weapon system' production facilities from Tucson Arizona to Huntsville, Alabama to position alongside the Northrop Grumman Corporation (NYSE:NOC) facility. The move is being made to maximise EOS and NGC's competitiveness as they set out to jointly bid for a major contract for remote weapons systems from the US Army.
Asian Activities Report for October 21, 2011 includes: Navarre Minerals Limited (ASX:NML) announces a further high-grade gold intercept from air-core drilling at its Tandarra prospect in Victoria; Entek Energy Limited (ASX:ETE) today provides an update on the Niobrara Shale Oil Project appraisal program in the Green River Basin in the United States; African Iron Limited (ASX:AKI) announces further significant direct shipping ore assay results of up to 61.7% Fe from its 92% owned Mayoko Iron Ore Project in Congo; MIKOH Corporation Limited (ASX:MIK) has received orders from two new orders from Thailand and India.
Electro Optic Systems Holdings Limited (ASX:EOS) is pleased to announce that Mr Kevin Norbert Scully has joined the Board of the Company as a non executive director effective from 19 September 2011.
Electro Optic Systems Holdings Limited (ASX:EOS) (PINK:EOPSY) provides an update on remote weapon system business.
Electro Optic Systems Holdings Limited (ASX:EOS) has this week been awarded a $3 million Department of Defence Concept Technology Demonstrator contract to demonstrate that its electro-optic space surveillance sensors integrate and operate effectively with existing space surveillance sensors.
Asian Activities Report for August 2, 2011 includes: Astro Resources NL (ASX:ARO) has secured the rights to acquire the majority share in the Scott Coastal Plain Mineral Sands Project in Western Australia; Nexbis Limited (ASX:NBS) has signed a 12-year agreement for its Malaysian project; Gullewa Limited (ASX:GUL) reported a three-metre thick coal seam at Back Creek in Queensland; China Magnesium Corporation Limited's (ASX:CMC) first phase expansion of the Pingyao Magnesium Project is progressing as expected and on schedule; Claris Lifesciences Limited (BOM:533288) received approvals to re-launch its Bag Products in the European Union.
