"AJX have been working on FRACU for years which is basically the uniform for front line combat - this is progressing and worth around $10m pa in revenue.This announcement however relates to applying a basic level of FR to the standard military uniform for all branches of the military and has been worked on for around a year and is worth potentially $60m pa in revenue - so a lot bigger".
Hi Seb or any Hot copperites
Could you please give some clarification on this matter. Is the $60m pa the total cost of the contract to be awarded and hence Alexium gets part there of on an annual basis ? or is it what Alexium stands to potentially gain on an annual basis?
Just trying to get my head around some numbers.
Thanks in advance
H
Ann: Development Agreement for FR Nylon/Cotton Fabrics, page-131
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