This is great endorsement of the future growth pipeline of the company in both defence and space.
Hume capacity fully loaded out at $20m a month in revenue into 2019, clearly there are further orders to come as we convert preferred bidder status on various contracts into sales as the Board sanctions building out production capacity investment. Hopefully being closer to the US supply chain also increases margins.
But man, this announcement coming one day AFTER the close date of the retail SPP? Im not sure how one explains this.
Ann: EOS selects Huntsville Alabama for USA Expansion, page-4
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