ADA adacel technologies limited

contracts march to june 2016

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    There are 5 contracts announce between march 2016 to july 2016,

    July 20, 2016 : Adacel Signs Agreement with Enroute Computer Solutions for FAA SE2025

    June 21, 2016 : Adacel Upgrades ATC Simulators at Kent State University

    June 15, 2016 : Adacel Completes ATC Training System Installation in St Maarten

    March 8, 2016 : Austro Control Contracts Adacel for ATC Simulator Upgrades

    March 3, 2016 : Innovation on Display - Adacel at World ATM Congress 2016

    March 2, 2016 : Adacel Supports NextGen Trial with Conflict Detection Service
    The july 2016 was a biggie multiyear one.
    We dont know how much of these revenue is booked for 2016 result. So, growth wise, and revenue wise,these revenue should push up the revenue stream.
    I suppose company cant shown concrete revenue as  the contract for Enroute Computer Solutions for FAA SE2025 has just been sign and they got to sort out the timeline for when, who and what  Anyway at least the pe is reasonable for a growth stock.
    Keep the faith guys
 
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