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Ann: D13 and Raytheon team to provide counter-drone technologies, page-6

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08/01/18

09:52

Post #: 30116228
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Originally posted by showstring ↑

holy hell, Raytheon is big deal
this will surely put a rocket on the share price once the US market opens and the market digests the significant of this announcement over the week

https://en.wikipedia.org/wiki/Raytheon
A teaming agreement (Teaming Agreement) is a contract between two or more parties (Team Members) that is used to regulate the rights and obligations where one of them pursues a tender or contract with a with a third party (Prime Contract). Once the Prime Contract is entered into between the third party and Team Member # 1, a sub-contract is executed between Team Member # 1 and the other Team Member(s) to enable Team Member # 1 to discharge its obligations under the Prime Contract.
The benefits of Teaming Agreements are that they allow parties to pool resources for a limited purpose (Permitted Purpose), without necessarily requiring the establishment of a joint venture entity – however, the Team Members could do this if they wanted to.

great news me thinks

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D13 Price at posting: 8.3¢ Sentiment: Buy Disclosure: Held
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Ann: D13 and Raytheon team to provide counter-drone technologies, page-6

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