ADA 17.1% 51.5¢ adacel technologies limited

Ann: Earnings update, page-8

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    On June 21st ODRA sustained the protest, meaning it is effectively over. ODRA is allowing Adsync to resubmit portions of their bid and have a new source selection official reevaluate the entire contract award. Adacel could lose the contract. During the new source evaluation and selection period the FAA was/is not allowed to issue new task orders to Adacel nor extend the contract.
 
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