GREY:LFDEF - Post by User
Comment by
goldspeculator1on Sep 24, 2018 4:30pm
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RE:Looks like another contract win for Urthecast!
RE:Looks like another contract win for Urthecast!Good find!
I am curious if Urthecast will make an announcement regarding the contract win. If we use a benchmark of the Brazilian Ministry of Defence contract at 2.6M USD over 3 years to determine what they consider material information and they release something with out numbers then I would assume it is comparable or greater. Anything in that range keeps the lights burning and strengthens outlook. If no mention then my guess it is sub that value.
Also goes to show that the ESA is finally releasing the reins on contract decisions after the long delayed win from earlier this summer.
New management team
ESA awards long delayed contract check
Geosys acquisition announced check
ESA 20M EUR maritime monitoring contract awarded check
Anybody like to predict the next milestone to come out?
My bet is something out of China announcing a multi-year win with 21AT to keep it global :)
GLA