Let’s just hope they’ve built in margin to cover contingencies and also, cost of capital - and perish the thought, a decent profit margin. AND, a ‘signed in blood’ contract that penalizes Defence department interference and delays.
Also agree with previous poster, this IS a material announcement. It almost seems as though ASB want to hide in the corner and not be noticed. Get a new PR firm if necessary.
Defence is a growing thematic and Australia has a lot of catching up to do. $$$$$ spend isn’t now a luxury, it is a necessity. ASB, CVL& BIS have got to be little companies that grow enormously over the next decade. It’s starting!
Ann: Government selects preferred design for Landing Craft Heavy, page-4
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