Morning all!
It’s one of those rare occasions where there is no news to report on, so, a great weekend to all.
As always, all comment most welcome!
Have a nice weekend too; thanks for the write ups.
The only news on my horizon (apart from a CRAP portfolio week) is from my not so small-cap recent holding Ultra Electronics Holdings (LON:ULE) announcing with Sparton DeLeon Springs the award of an IDIQ contract valued at Not-to-Exceed amount of $1.04B to their ERAPSCO joint venture, for the manufacture of sonobuoys for the United States Navy. The contract provides the base year award of a five year Indefinite Delivery Indefinite Quantity (IDIQ) contract.ERAPSCO will provide production subcontracts in support of the USN FY19 base year delivery order in the amount of $75.75M and $75.26M to Ultra Electronics USSI and Sparton.
