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Ann: Contract negotiations complete for Indian MoD Contract, page-8

  1. 538 Posts.
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    They haven't announced the size of the new lock deal yet, but given that it's over 5 years, it could also be similarly substantial.

    From the recent 4C:

    "The Technology Division is also currently in the final stage of negotiations with a major overseas customer for a significant (5 year) long term order to deliver large-scale fixed monthly quantities of one of our world-leading and award-winning locking products. This order will require a sizable expansion of specific parts of our existing production capabilities to meet not just the supply demands of this order, but the expectations of similar large scale orders from elsewhere around the world for this unique product. This specific order will significantly change the underlying size of the business and will create strong profitable revenue streams for the company going forward in FY20 and beyond. "

    Best-kept secret on the ASX!
    Last edited by ekoglobal: added spaces 03/05/19
 
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