RE: Blast attenuation in Cymat foam core sacrificiThe Laurentian document sure has a lot of info.
Did you know that for each Armour kit that Cymat sells to an OEM has a 60% Gross Margin. The Humvee order is exciting to think that no matter which OEM wins that award Cymat is right there with all three of them. I believe the US has roughly 200,000 Humvees in service and each armour kit is roughly 10k a pop. Now granted the initial award will be for 80,000 of these Humvees, but you would wonder why not retro fit all those Humvees. Then think of replacement kits for the Humvees that see action in theater. Then think of Strykers, Bradleys oh and the rest of NATO forces.... You do the math and see where this Share price is going to be. This maybe weekend dreaming on my part and that is fair enough, but why would all three OEM bidders use Cymat SAF SmartMetal if it was an inferior product?
Have a good one,
BS