At the same time, the ships are built for a specific purpose, and are essentially lame ducks without the products Matrix and its competitors provides. Building them involves long lead times, and so there are a decent number of committed ships to underpin a portion of their earnings for a few years going forward. My uneducated guess is that one or more of their competitors will eventually either exit the industry or possibly be bought out by Matrix themselves.
At the same time, the ships are built for a specific purpose,...
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