RDF redflex holdings limited

re: nice huge contract news This contract has a trail of profit...

  1. 10,047 Posts.
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    re: nice huge contract news This contract has a trail of profit numbers for years to come as a stand alone. This is significant as it was the part of RDF business that was holding them back for several years and draining cash and profits. The LM involvement is the hint as they are the leader in supply of this Aviation comms product sector and worldwide upgrades are needed and have been waiting for this next generation product. Expect more tenders in the next 12 months. RDF are well advanced and have geared up to supply LM.
    This is big news and buyers have probably got a bargain this morning.
 
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