Seems like the general consensus is post trump, defence spending will decline, particularly in the US
cost of production will also go up, because of higher steel and aluminium prices
So the market is suggesting there is little growth in spend along with potential cost blowup.
but it seems to me these headwind is exaggerated considering most projects are medium term? Anyone know when their current pipeline will start to decline ?
Ann: Aulong Joint Venture Update, page-12
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