XTE 1.77% 57.5¢ xtek limited.

DoD contracts and potential

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    considering both stocks market cap, revenue in hand, and potential revenue, not sure who will eventually outperform one day.

    From AJX latest announcement:​
    as part of the DoD’seffort to develop an ecologically-friendly flame-retardant 50% Nylon/ 50% cotton (NyCo)durable combat uniform. As part of this program, Alexium has beengrantedan immediate$50,000 to provide fabrics for this effortand is working with relevant parties for contracting these funds.
    Based on historical yardage volumes, the FRACU program has an annual revenue potential for Alexium of USD$10-$16 million per year

    From XTE announcements:
    Canberra – Friday 5 July 2013: XTEK Limited (ASX:XTE) is pleased to announce that the
    Company has been awarded a significant international contract up to the value of $1,502,166.10 by the​
    United States (US) Department of Defense (DoD) Foreign Comparative Testing (FCT) Program.

    The US DoD formally exercising its option to continue XTEK’s Foreign Comparative Testing Program for a further 12 month period based on progress in the development of advanced lightweight hard armour plate solutions using XTclave™ technology.​
    "And FY 2015 is shaping up to be even better," says XTEK Chairman Mr Uwe Boettcher. "We have significant short term prospects across our entire portfolio including weapons and ancillaries sales, Unmanned Aerial Vehicles (UAVs) and bomb disposal equipment sales. The pipeline points to prospects of more than $20m, which is a great place to be heading into the New Year".
 
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Currently unlisted public company.

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