I keep re-reading this portion of the earnings release.
I like it.
"Second-quarter revenue and profitability growth reflect the strength of our backlog and our customer relationships," said Mikros President and CEO, Tom Meaney. "As we continue to execute on our long-term IDIQ contracts valued at over $80 million, generate new contracts from our Navy customers, and extend our ADSSS and ADEPT offerings to additional radar systems and ship classes, we expect continued growth in both revenue and profitability through the second half of the year."
"The strength of our defense business has enabled us to significantly advance our strategic expansion into select commercial markets. Mikros is investing in technology, key personnel and high-value industry partnerships to expand our condition-based maintenance software solutions to commercial customers and generate meaningful returns for our shareholders."
