I Read The News Today Oh Boy! 16-Aug-2019

Friday, Aug 16 2019 by
5

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!

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1 Post on this Thread show/hide all

andrea34l 16th Aug 1 of 1
2

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.

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