Ann: Settlement of cost reimbursement claim with Boeing Insitu, page-3

Agreed. I had feared that the dispute would drag on and even end up in litigation. I am therefore pleasantly surprised to see a speedy resolution to the dispute that is very much in favour of OEC, and also to learn of a potential new maintenance contract with Insitu which may allow OEC to utilise $2m of inventory that has already been written down. They still need to secure a new commercial-scale production contract to underpin the future growth of the company, but they have every chance of success with multiple active ongoing programs with high-profile aerospace / defence industry players. The risk-reward profile of OEC has now become rather attractive IMO. GLTAH.