Probably right. No news in particular. Maybe more uncertainty with a new Defence Minister and a possible extension of the release of the White Paper. This means we may have to wait a little longer to see how Australian naval contracts are to be allocated.
The thing I am keep to learn more about is the potential profitability of the systems and support businesses. Also just how keen mgmt. are to grow through acquisition. I rarely see acquisitions successfully implemented.
Ann: Austal USA awarded US$22 million in service contracts, page-6
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