LONDON: Cohort plc (AIM: CHRT), an independent technology group, has announced a conditional agreement to acquire the entire issued share capital of EM Solutions Pty Ltd, which includes EM Solutions (Europe) B.V., from Electro Optic Systems Holdings Limited (EOS). The acquisition, valued at AUD$144.0 million (approximately £75.0 million), is subject to customary post-completion adjustments. EM…
CANBERRA: Electro Optic Systems Holdings Limited (EOS) has entered into contract negotiations with the Commonwealth of Australia for supply of 251 Remote Weapon Stations and related materiel. The acquisition activity is part of the $270 billion capability upgrade for the Australian Defence Force, under the new 2020 Force Structure Plan. The execution of a formal …
CANBERRA: Electro Optic Systems Holdings Limited (EOS) has appointed Glen Tindall to head its Communication Systems sector in the new role of Chief Executive Officer, Communication Systems. Tindall will assume this role from 1 July 2020. EOS announced the formation of its Communication Systems sector on 1 October 2019, coincident with the acquisition of EM…
CANBERRA: Electro Optic Systems Holdings Limited (EOS), acting through its wholly-owned US subsidiary EOS Defense Systems USA, has executed an agreement to acquire all of the business and assets of Audacy Corporation, a space communications company based in the US. EOS Defense Systems (EOSDS) will outlay approximately AU$10 million in cash for the acquisition including…