Hard to believe the profit margin in defense is only 8%. They also have to spend on R&D for future products. There is no short term competition, so they must have pricing power. In the presentation they use round numbers. R-400S $250k price - $225 production cost. R2000 $1,5m price - $1,35 production cost. I suspect it's all a bit of a game.
Hard to believe the profit margin in defense is only 8%. They...
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| No. | Vol. | Price($) |
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