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First, early in May, there was the news of a Ukraine contract...

  1. morley
    1,544 Posts.
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    04/06/10
    06:12
    Post #: 6769675
    First, early in May, there was the news of a Ukraine contract (not announced to ASX) for a network of ATC simulators.

    http://finance.yahoo.com/news/Ukraine-Awards-Adacel-bw-1963172172.html?x=0&.v=1

    Now they are being mentioned as part of the subcontract team under Boeing, which has been awarded a $1.7bn contract by the FAA for the NexGen project. The contract appears to incorporate a significant ATC modelling and simulation component.

    http://finance.yahoo.com/news/Boeing-Receives-FAA-prnews-4011504241.html?x=0&.v=

    Good to see they look to still be winning large contracts in this difficult economic environment.
    ADA Price at posting: 42.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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