defence business update Announcement out after market closed.
Company is on track to be generating revenues of $120m a year just on CROWS alone.
I'd say the appointment of Ret. Brig. General Harrington is a big coup for the company when one looks at his resume.
Sep 99 to Jan 01 - Deputy for systems acquisition US tank-automotive and armaments command.
Jan 01 to Sep 03 - Director, Defence contract management agency.
Looks like very senior procurements positions to me.
Once other NATO member countries have had a chance to evaluate CROWS, one would expect signficant orders from Europe in the not too distant future.
Rewlin, as Sentor Salazar has said in Congress, he wants the US to have thousands of these units.
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