MST metal storm limited

Adder/CJSTo be clear the 'Production Period' ie. Spiral One...

  1. 259 Posts.
    Adder/CJS

    To be clear the 'Production Period' ie. Spiral One Acquisition Objective (what the Contract winner starts 2Q 2012) is for 312 systems running through to 4Q 2013. By the way, I understand this Spiral 1 only involves a single 'contract winner' unlike the earlier Sys Dev and Demo Phase SDD which was open to all bidders. So 'one' contract winner is to be announced 'soon' to carry it forward. Exciting stuff if we get up.

    Back to the $ amounts that may arise from a successful contract, the $50M I mentioned was from metooaswell. I don't have an alternative number, but I pointed out the $50M sounds plausible presuming other related cashflow inputs during the period, like munitions and possibly other contractor payments. Upping the ante to $100M at the stroke of a pen is fun, but at this stage I would personally have no basis to support it either way.

    I reiterate IMO the big winner will be the credibility and real player status that will flow.

    Good luck.
 
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