Sorry still a little confused. So you're projecting US$250M revenue from defence contracts alone?
I have this data from announcements:
"The annual global military market for 50/50 NYCO FR coatings is in excess of $240m (assuming USD, consistent with previous announcements)."
I thought you were referring to that and was pointing out this is the global market. AJX will secure a major proportion of the US military but maybe not so much for other countries. At least not any time soon.
AJX Research Note, page-16
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