Not quite sure where this current uptick will end but looking like quite a decent movement up, most would be holding for the long term and still only an annualised Pe of 16 prior to any contracts being signed.
not sure why they don't appear to be involved in the land 400 phase 2 program, presumably they are bidding for phase 3 as appears from reference to an army contract but there would be an advantage for the company awarded the weapons system contract for the phase 2 vehicles,
Lethality is a second order issue in the bid though
quick money, page-41
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