Good 4 minute interview by the CEO that described the EOS business - NOBODY kills dronres like EOS!

https://investorhub.eos-aus.com/activity-updates/from-the-ausa-show-floor

09 October 2024

The critical role of C-UAS in the Russia/Ukraine conflict
Fi Forrest | Army Technology

Russia’s sudden invasion of Ukraine in 2022 triggered the rapid development of counter-drone technologies. How can military leaders address the issues of dealing with large numbers of cheaply built drones on the battlefield?

Following two and a half years of conflict, one of the major impacts of Russia’s invasion of Ukraine has been the rising deployment of drones and the evolution of counter-drone technologies, underlining the crucial role of Counter-Unmanned Aerial Systems (C-UAS) in modern warfare.

The proliferation of drones on the battlefield is forcing military leaders to consider how to deal with this threat in the most effective and cost-effective way. With drones able to destroy expensive equipment and take lives, military leaders are exploring technologies that combine detection, tracking, and mitigation to stop the deadly influx. These technologies include passive techniques like jamming and cyberwarfare, and active techniques using traditional canon and missile-based approaches as well as high energy laser weapons, electro-magnetic pulse weapons, interceptors and nets to destroy drones.

As the drone landscape continues to evolve, defence contractors and strategic thinkers are increasingly investing in counter-drone technologies, leading to a rapid expansion of markets for both drones and C-UAS.

Demand is rising for UAVs

According to GlobalData’s Defence Platform Acquisition database, the global military Unmanned Aerial Vehicles (UAV) market is projected to see robust growth in both value and volume over the next decade. In 2024, the market was valued at approximately 12 billion dollars with a total volume of 17 thousand units.

The effectiveness of lower-cost UAS has been demonstrated in the conflict in Ukraine, where Ukrainian forces have been observed utilising commercial off-the-shelf drones and low-cost unmanned technologies in military operations. Tactics have included the arming of cheap UAVs to deploy grenades and mortar rounds, raising concerns about the detection of such UAVs and creating an increased demand for C-UAS systems.

Another key driver of the UAV trend is their growing threat to vessels at sea. Currently, these vessels are using high-cost missiles to protect themselves and defeat drones, but following recent incidents in the Red Sea and Black Sea there is an increasing demand to protect them with low-cost counter-UAV solutions such as remotely controlled weapons stations and high energy laser systems.

As the global defence scene changes, the role of UAS and C-UAS will remain critical, but how nations employ cutting-edge UAS technology to defend against new threats will depend on their defence resources.

Counter-drone technologies

Ukraine is actively working to upgrade its defence capabilities and boost international collaboration, with the switch to direct contracts with arms manufacturers reducing its reliance on intermediaries.

Meanwhile, the Ministry of Defence of Ukraine has stated that the country is interested in developing technologies for integrating weapon systems into land and maritime platforms to provide new solutions for countering threats.

To this end, technology manufactured by Canberra-based Australian defence company, Electro Optic Systems (EOS) has been sent to Ukraine as part of a US security assistance package. This includes the 30mm Slinger counter-drone weapon system, which contains radar, 30mm stabilised cannon with proximity-fuse, and high explosive ammunition designed for tracking and drone engagement at a range of more than 800 metres.

This innovative approach to counter-drone technology, combining advanced software, precise targeting, and versatile weapon options, sets it apart as a leading solution in the field.

The EOS Slinger weapon system features a state-of-the-art fire control system, advanced algorithms for target detection and tracking, and a fully stabilised four-axis gimbal for precise pointing on the move. A modular design allows for easy integration with existing platforms, rapid battle damage repair, and it can accommodate various weapon types, including machine guns, cannons, rockets and missiles.

EOS is also actively working with artificial intelligence (AI) companies to automate target identification. For example, the Slinger – when integrated into a Battlespace Management System – quickly gains the Recognised Air Picture from native sensors within the battlegroup. The company is also moving into wireless versions for deployment on uncrewed ground vehicles (UGVs), and is increasingly integrating with rockets and missiles, offering greater range and targeting capabilities.

Low-cost solutions for Ukraine

A huge advantage of the Slinger is its cost, priced at less than US $1 million (AUS $1.5 million) per system – with a per engagement cost of around $100 to $1,000 depending on the type of ammunition. As Ukrainian cities are being attacked daily by drones and missiles, the system is providing a much-needed solution against moving targets, especially drones, and is quick and easy to learn to use.

On a visit last year to EOS, Ukraine’s ambassador to Australia, Vasyl Myroshnychenko, saw first-hand how Slinger can bring down drones for a fraction of the cost of missiles, while watching a test run.

“Sometimes those missiles cost millions. And you hit the drones, which cost $2,000…it’s all about the cost,” Mr Myroshnychenko said during the visit. The Ukrainian ambassador also emphasised the importance of the Slinger system in addressing the ongoing threat posed by drones and missiles.

In July this year, members of the Ukrainian defence leadership met with Australian defence industry representatives to expand international cooperation and military capabilities. Ukraine’s Deputy Minister of Defence, Dmytro Klimenkov, also met with EOS to discuss technology and potential collaboration opportunities. Klimenkov said: “Ukraine continues to work actively to modernise its defence capabilities and expand international cooperation…your assistance is crucial for us in these difficult times. We appreciate the solidarity and support provided by the Australian people.”

Today's interview with the EOS CEO from Australian Defence Fair

EOS is our top position in defence sector

https://investorhub.eos-aus.com/activity-updates/defence-innovations-at-land-forces-2024-an-interview-with-dr-andreas-schwer

After watching the latest quarterly report, we increased our position by 100,000 shares at 1.55 AUD per share today

https://investorhub.eos-aus.com/announcements/6497545

New investor hub announced, Q2 report nxt week

https://investorhub.eos-aus.com/

From Electro Optic Systems Linkedin today - do watch the short video:

| At EOS, our cutting-edge technologies set the global benchmark for 𝗮𝗰𝗰𝘂𝗿𝗮𝗰𝘆, 𝗿𝗲𝗹𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆, 𝗮𝗻𝗱 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲.

Our large team of 𝗺𝘂𝗹𝘁𝗶-𝗱𝗶𝘀𝗰𝗶𝗽𝗹𝗶𝗻𝗲𝗱 𝗲𝗻𝗴𝗶𝗻𝗲𝗲𝗿𝘀 drives world-leading innovation, continuously pushing the boundaries of defence technology for Australia and its allies.

Come hashtag#joinus and take your engineering career to the next level. 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝘄𝗵𝗲𝗿𝗲 𝘆𝗼𝘂𝗿 𝘀𝗸𝗶𝗹𝗹𝘀 𝗰𝗮𝗻 𝘁𝗮𝗸𝗲 𝘆𝗼𝘂: https://lnkd.in/g6nG8925

Another project win for EOS:

https://eos-aus.com/news/eos-announces-new-9m-contract-to-develop-space-capabilities/

Demonstration of shooting down drone with laser

Last month, EOS joined innovators from across Canada and around the world for the 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗗𝗲𝗳𝗲𝗻𝗰𝗲 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲 𝗮𝗻𝗱 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 (𝗜𝗗𝗘𝗮𝗦) program’s 𝟮𝟬𝟮𝟰 𝗖𝗼𝘂𝗻𝘁𝗲𝗿 𝗨𝗻𝗰𝗿𝗲𝘄𝗲𝗱 𝗔𝗲𝗿𝗶𝗮𝗹 𝗦𝘆𝘀𝘁𝗲𝗺𝘀 (𝗖𝗨𝗔𝗦) 𝗦𝗮𝗻𝗱𝗯𝗼𝘅 event.

At the event, 𝗰𝗼𝘂𝗻𝘁𝗲𝗿-𝗱𝗿𝗼𝗻𝗲 𝗽𝗿𝗼𝘁𝗼𝘁𝘆𝗽𝗲𝘀 were put to the test in realistic scenarios; EOS demonstrated its 𝗟𝗮𝘀𝗲𝗿 𝗗𝗮𝘇𝘇𝗹𝗲𝗿 technology.

The Laser Dazzler, integrated into the company’s hashtag#Slinger counter-drone system, successfully showcased its ability to degrade, deny, and destroy the electro-optical sensors on typical UAS, using a non-lethal, zero-collateral laser.

Andreas Schwer, Group CEO of Electro Optic Systems, said, “EOS has established itself as the pioneer in Laser Dazzling technology, being the first to successfully integrate it into remote weapon systems. Through the success of our Slinger system, we have proven our ability to deliver accurate counter-drone technologies. The Laser Dazzler builds on this experience, using our world-leading technology to extend options for non-lethal payloads.”

𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/gBKeeEPu

I just read the Canaccord Report on EOS. That is a very bullish report.

My favourite part:

2H24 appears catalyst rich - We understand EOS remains in late-stage negotiations for several material contracting opportunities, notably i) Land-400 phase 3 (CGeA$100m opportunity; delivery FY26-28), ii) Ukraine contract moving to unconditional (A$181m conditional contract, delivery FY25-26); and iii) 2x HighEnergy Laser product development agreements (CGe each representing A$30-60mcontract opportunity for delivery over 1-3 years).

I expect Cannacord will raise its price target very shortly.

EOS announces 92% increase in 1H 2024 revenue to $142.6m

Electro Optic Systems Holdings Limited (“EOS” or “Company”) announces it achieved unaudited revenue of approximately $142.6m for the six months to 30 June 2024, an increase of 92% on prior year. The unaudited 30 June 2024 cash balance was $52.2m. See key points below:

1H 2024 Revenue - $142.6m, an increase of 92% on the $74.3m result for 1H 2023. EOS previously announced Q1 2024 revenue of $77.3m, an increase of 127% on the $34.0m result for Q1 2023.


Contract Asset - At 30 June 2024, EOS had a working capital investment in a gross contract asset balance of $89.7m. This represents an increase of $21.7m on the 31 December 2023 balance of $68.0m and a decrease of $7.8m on the $97.5m balance at 31 March 2024.


Bank Guarantee Collateral Reduction - EOS finalised an arrangement with its funding providers during June 2024 to reduce the level of cash security deposits required to support existing bank guarantees by $8.3m. This resulted in an $8.3m cashflow receipt (from investing activities) during June 2024.


Cash Position at 30 June 2024 - EOS’ unaudited cash balance at 30 June 2024 was $52.2m. This compares to a cash balance of $72.4m at 31 March 2024, and follows the previously announced repayment of $20.5m of debt during April 2024.


Further details are included in the attached document.

No one kills drones like EOS

Interview with the CEO

https://www.youtube.com/watch?v=gyR2sJ2jja8

Intduction to the company

https://www.linkedin.com/posts/electro-optic-systems-pty-limited_eos-slinger-featured-in-nz-line-of-defence-activity-7215821889376542720-lz-b?utm_source=combined_share_message&utm_medium=member_desktop

EOS meets Ukraine leadership

Ukraine sales should double this year revenues of anti drone equipment - 180 mil usd contract in motion

https://eos-aus.com/news/ukrainian-leadership-and-australian-defence-industry-meet-to-expand-cooperation/

First delivery to Ukraine

https://wesodonnell.medium.com/australia-sends-ukraine-the-slinger-drone-killer-system-3c2287eec0af

CEO Andreas Schwer and CFO & COO Clive Cuthell recently participated in Montega AG's 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 𝗩𝗶𝗿𝘁𝘂𝗮𝗹 𝗥𝗼𝘂𝗻𝗱𝘁𝗮𝗯𝗹𝗲. In this insightful session, they provide an overview of EOS' current status, future plans, and strategic goals.

🎬 𝗪𝗮𝘁𝗰𝗵 𝘁𝗵𝗲 𝘃𝗶𝗱𝗲𝗼: https://lnkd.in/gkjZQXdY

Do watch - excellent interview - all copied from EOS Linkedin

Sign up for a call with the EOS CEO call tomorrow at 14.00

https://montegaconnect.de/event/zqx898bqr1qmdwct4xm5uvqmwvsetyop

𝗡𝗼 𝗼𝗻𝗲 𝗸𝗶𝗹𝗹𝘀 𝗱𝗿𝗼𝗻𝗲𝘀 𝗹𝗶𝗸𝗲 𝗘𝗢𝗦

Slinger, EOS' world-leading counter-drone system, is being showcased at our 𝗦𝘁𝗮𝗻𝗱 𝗕𝟮𝟱𝟵 in 𝗛𝗮𝗹𝗹 𝟲

Slinger’s innovative approach to counter-drone technology, combining advanced software, precise targeting, and versatile weapon options, sets it apart as a leading solution in the field for hard kill on the move.

https://www.linkedin.com/posts/electro-optic-systems-pty-limited_cuas-slinger-drones-activity-7208710036041138176-2uvB?utm_source=share&utm_medium=member_desktop

Eurosatory | 𝗗𝗲𝗳𝗲𝗻𝗰𝗲 𝗦𝘆𝘀𝘁𝗲𝗺𝘀 𝗦𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁

EOS comes into play, when the first shot matters!
How?

https://www.linkedin.com/posts/electro-optic-systems-pty-limited_eurosatory2024-eurosatory-paris-activity-7209540513731932160-_aGN?utm_source=share&utm_medium=member_desktop

Can it be traded from Norway?

Join the call with the management of EOS

27 June at 13:00

Organised by German broker Montega

https://montegaconnect.de/event/zqx898bqr1qmdwct4xm5uvqmwvsetyop

Investor presentation from Today investor day

https://app.sharelinktechnologies.com/announcement/asx/614f6f807ed848bf7cc4a2116b70618e

https://eos-aus.com/investor/

Interview in Australian Defence Magazine features Andreas Schwer, Managing Director and CEO of EOS.

Senior Correspondent Julian Kerr takes a deep dive into the EOS business with Andreas, exploring topics such as, 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻, 𝗚𝗹𝗼𝗯𝗮𝗹 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻, 𝗠𝗮𝗿𝗸𝗲𝘁 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽, 𝗛𝗶𝗴𝗵 𝗘𝗻𝗲𝗿𝗴𝘆 𝗟𝗮𝘀𝗲𝗿 𝗦𝘆𝘀𝘁𝗲𝗺𝘀, and 𝗦𝗽𝗮𝗰𝗲 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆.

𝗞𝗲𝘆 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀:

"Last year we introduced two new RWS – the R150 which is a very small weapon system that can be integrated on any kind of military vehicle, even a small truck. The R150 is the most advanced system in its class."

"The UAE is just one example. We also intend to boost our US production capacity by producing in parallel the larger R600 and R800 systems in our Huntsville facility."

"But whatever we do, we’ve always been first in class and benchmark in performance and strive for further improvement. For example, in the RWS business we are 30 to 40 per cent better in accuracy and range than our next competitors."

"We’ve invested more than $40 million into the High Energy Laser (HEL) business over the last 5 years. We own all the IPR and can make our own commercial decisions."

"Our Space Intelligence business is centred around our unique capability to track objects in space down to a few centimetres, out to cis-lunar orbits."

𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲: https://lnkd.in/dGmK8x93

https://eos-aus.com/news/adm-exclusive-from-the-source-interview-with-andreas-schwer/

EOS in papers

https://eos-aus.com/news/slinger-featured-in-hospodarske-noviny/

First quarter revenues are up 180% on strong anti-drone sales.

During the quarter ended 31 March 2024 (“Q1 2024”), revenue was $77.3m, representing an
increase of $43.3m on Q1 2023 revenue of $34.0m.

Expect strong broker updates

https://eos-aus.com/news/eos-releases-its-q1-2024-business-activity-statement-appendix-4c/

Interview with the CEO and CFO from this week - explains their business, products and growth:

Summary:
- Q1 would be very strong
- new head of Europe (ex Rheinmetall) started in April
- Just Europe sales justify the current valuation, everything else is for free
The stock could easily double this year

Full interview:
https://www.youtube.com/watch?v=ajkZK4TKlEs

From their LInkedin:

Electro Optic SystemsElectro Optic Systems
10,930 followers10,930 followers
6h • 6h •

⬇ #ICYMI: 📺 Last week Managing Director & Chief Executive Officer, Andreas Schwer and Chief Financial Officer and Chief Operating Officer, Clive Cuthell joined Sharewise to give an update on the #EOS business.

𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:
◼ Business in turnaround, a new leadership installed in H2 2022: Phase I completed (funding, cost reduction, portfolio review / execution)
◼ FY23 saw highest ever revenue ($219m)
◼ Highest ever cash receipts ($326m) and net operating cash flow ($113m)
◼ Focus is now on profitable growth
◼ Several new products launched in 2023 e.g. lightweight R150 RWS, counter-drone solution “Slinger” product
◼ Debt that was taken out during time of crisis is now substantially repaid
◼ Recent $35m placement being used to facilitate growth opportunities
◼ Order Backlog $441m, or $662m if include conditional contracts for Ukraine
◼ Ongoing work to diversify the revenue base (33% of revenue came from Europe in 2023)
◼ Positive net Q1 2024 revenue of $75m-$80m
◼ Work continues on future growth opportunities in High Energy Laser Weapons and Space Warfare (commercialisation to be funded by 3rd parties)

You can watch the interview here:
https://lnkd.in/gfETgWy9

Press release by EOS

EOS showcases advanced C-UAS capabilities at US Army Project Convergence Capstone 4

Huntsville, Alabama-based contractor EOS Defense Systems USA (EOS) participated in the US Army's Project Convergence Capstone 4 (PC-C4) during the period 15 to 20 March at the Army's National Training Center in Fort Irwin, California.

EOS demonstrated the capabilities of an R600 Remote Weapon Station equipped with a Northrop Grumman M230LF cannon, coaxial machine gun, and four Javelin missiles on an Army Small Multipurpose Equipment Transport (S-MET) robotic infantry support vehicle. EOS successfully shot down pairs of Class 1 UAVs at ranges of more than 300m and engaged multiple ground targets with 30mm cannon from this robotic platform. These capabilities paired with four of the premier anti-armor missiles in the world represents a significant increase in firepower available to light forces on a platform that is currently being fielded. The R600 provides both light- and medium-caliber firepower and the added lethality of multiple anti-tank or anti-air missiles, offering a major differentiating capability and addressing a critical need of US and allied forces.

Several experienced industry partners contributed to this success. The C-UAS exercise was conducted against Boresight Aerial Targets’ low-cost UAVs which provided challenging and realistic target sets. The Javelin missile capability is being supported by the Javelin Joint Venture team.

The event was a critical venue for Army senior leaders to assess new technologies needed to ensure the Army's success in future conflicts as well as inform acquisition and force structure decisions. As human-machine integration continues to be a key strategic priority, the demonstration was an important opportunity to evaluate unmanned and remote solutions that provide essential protections to the warfighter. EOS' unique and ultra-precise RWS paired with a proven, multi-functional robotic vehicle is a viable and cost-effective solution that can address strategic Army priorities in the C-UAS domain and increased lethality for light forces.

The demonstration at Project Convergence highlighted specific capabilities under controlled conditions. Typically, EOS’ Remote Weapon Stations can effectively engage targets up to 800m with a 7.62mm machine gun and out to 1200m with a 30x113mm cannon.

Today's news from their LInkedin - successfull testing of the strongest anti drone system on the market by the US army

𝗪𝗵𝗲𝗻 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘀𝗵𝗼𝘁 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 #counterdrone - 𝗘𝗢𝗦 𝗵𝗮𝘀 𝗱𝗼𝗻𝗲 𝗶𝘁 𝗮𝗴𝗮𝗶𝗻!

Congratulations to the EOS Defense Systems USA, Inc. team on their success at the recent US Army 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗖𝗼𝗻𝘃𝗲𝗿𝗴𝗲𝗻𝗰𝗲 𝗖𝗮𝗽𝘀𝘁𝗼𝗻𝗲 𝟰 (𝗣𝗖-𝗖𝟰) 𝗲𝘃𝗲𝗻𝘁.

EOS' #R600 remote weapon station, equipped with a Northrop Grumman M230LF cannon, a coaxial machine gun, and four Javelin missiles, was put to the test on the 𝗔𝗿𝗺𝘆 𝗦𝗺𝗮𝗹𝗹 𝗠𝘂𝗹𝘁𝗶𝗽𝘂𝗿𝗽𝗼𝘀𝗲 𝗘𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝗧𝗿𝗮𝗻𝘀𝗽𝗼𝗿𝘁 (S-MET) robotic support vehicle. Pairs of Class 1 UAVs from Boresight Pty Ltd were successfully engaged with the 30mm cannon at ranges of more than 300m, along with multiple ground targets.

EOS' unique and ultra-precise RWS paired with a proven, multi-functional robotic vehicle is a viable and cost-effective solution that can address strategic Army priorities in the C-UAS domain and increase lethality for light forces.

💡 The demonstration at Project Convergence highlighted specific capabilities under controlled conditions. Typically, EOS’ RWS can effectively engage targets up to 800m with a 7.62mm machine gun and out to 1200m with a 30x113mm cannon.

𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲: https://lnkd.in/gjXYXYku

Another contracts announced today:

EOS Diversifies Revenue Base with New Contracts ($24m)
Electro Optic Systems Holdings Limited (“EOS” or “Company”) (ASX: EOS) is pleased to
announce the below contracts have recently been secured.
EM Solutions secures $19m of new orders
EOS subsidiary, EM Solutions has recently received additional customer orders valued at
$19m, including:
• Follow on orders from a European NATO Navy for an additional 6 King Cobra satellite
communication terminals, worth $10m
• Additional orders for ground radar modules for a mining sector customer
(GroundProbe), worth $5m
• Initial order of 4 Cobra terminals for a new East Asian Navy customer, worth $4m
These orders are expected to support the continued growth of EM Solutions in 2024 and
beyond.
EOS Space Technologies secures a $5m contract
EOS Space Technologies has secured a $5m contract with the ADF Joint Capabilities Division
in Australia to further develop space capabilities. The project is expected to be completed in
2024.

Latest article on EOS - copid from their Linkedin page

Slinger counter-drone is features in the February - March edition of the Australian Defence Magazine.

"The most recent ADM Top 40 Defence Contractors Survey, released in the December/January edition of ADM, also revealed Australia's twenty largest defence exporters by value. A number of these companies have seen significant jumps between 2022 and 2023, especially those with counter-UAS technologies."

"Yet it is Electro Optic Systems (EOS) who have been making many of Australia's defence export headlines. The company saw export revenue jump to 2023's $110 million figure from $93.61 million the year prior, and landed another opportunity in early 2024 with a $15 million contract to supply Slinger counter-drone systems to Diehl Defence in Germany."

Read more here: https://lnkd.in/gf_FKdji

Electro Optic Systems is the world leading company in technology for detecting and shooting down drones. We are long

Latest news:

https://eos-aus.com/news/eos-and-rico-set-ugv-live-fire-milestone-adf-students-test-counter-drone-rws/

EOS is the global leader in drone defense.

If drone wars are the future, as we see in Ukraine, EOS is one of the most interesting investment ideas

https://eos-aus.com/news/the-challenge-of-cheap-drones-finding-an-even-cheaper-way-to-destroy-them/

Interview with EOS´s CEO, former head of Rheinmetall defense

https://youtu.be/VOXThIaMUXw?si=bl6YcsM0SdQDPNr1