They stated Rev would be heavily screwed to second half, hence...

They stated Rev would be heavily screwed to second half, hence your comment re 4 quarters of cashflow left is just silly.
Cash of basically $100 plus 50-60 say to come back also.
If they do say $160 mill in rev for the yr, they should only lose say around $20mill at a quess.

They seem to be building
All their manufacturing sights are "mature" meaning very easy to ramp up.
And you don't add staff for no reason.

But I think they should put themselves up for sale, as after 20 plus yrs the net result has been terrible for investors.
If a major bought it with the political clout to win contracts, their products would be everywhere.

Australian Government say they are strong on defense, is the biggest joke in the world.