Are they still the first and only company certified to make large parts used in marine applications?
if the testing and 3d designing of each potential submarine component requires weeks/months of testing etc. this may just take a little longer until the actual contract orders come in. They won't be signing big part contracts until the fine details are confirmed.
Id assume they are trying to make the parts as strong and light as possible and designing and testing is hence taking longer.
We may just be getting anncouments about new machine sales etc. in the short term then the juicy ones later in the year.
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| AL3 (ASX) Chart |