Electro Optic Systems Holdings (EOS) has confirmed the $170 million contract to supply R-400S Mk2 weapon systems to Orbital ATK.
The contract was foreshadowed in announcements from 3 March 2017.
The R-400S Mk2 was released to the market early in 2017 and the contract will be deliverable from 2017 to 2020, according to a statement released by the company last week.
Prior to market launch, EOS developed a variant of the system to extract optimum performance from weapons produced by Orbital ATK for US, NATO, Commonwealth and other forces.
EOS announced on 27 March 2017 that the Orbital ATK contract value would be in the range $150-170 million, deliverable from 2017-2020.
In May, contract execution was delayed in order to determine whether production could be expanded to meet additional demands. Orbital ATK then increased its temporary purchase order with EOS to US$14 million to ensure that the initial contract moved forward while the companies jointly assessed new orders. The US$14 million of temporary purchase orders issued by Orbital ATK to initiate this program now lapse in favour of the main contract.
EOS and Orbital ATK have now executed the initial contract, and EOS stated it has now secured access to sufficient resources and supplies to expand its order intake for 2017 well beyond the deal.
The company now expects to exceed $500 million in 2017 orders for the R-400S-Mk2 weapon system.