Ann: Trading Halt, page-77

Pintohoo and other knowledgeable folk,

I was under the impression the the DoD was more about specifying Alexium as the standard.  Does that count as a "contract"?  To my mind that is policy.

A contract would be between Alexium and whatever company is supplying the Ny/Co material to the military.  I suspect that that this contract has been negotiated ahead of time with a third party and is subject to certain conditions , most importantly the DoD specifying the standard.

So in summary I suspect the announcement will be along the lines of:
1) Alexium has met the military requirements
2) Alexium has signed a contract to supply $  of chemicals for uniforms in partnership with xyz


Of note:
In June 2013, more than 2.7 million people served in the Armed Forces. More than 1.4 million were on active duty, including about 529,679 in the Army, 329,332 in the Air Force, 317,828 in the Navy, and 194,808 in the Marines.