BB- no offense to TR but his guess is already OBSOLETE....safe to sat any rev. multiple for this is going above 8Xs. due to unique IP, world wide market share in contact ETD, new product potentials, non-contact dominance, existing NOL and who can forget, 160M IDIQ...80M would be less than NOL!!!!!!!
The buyer knows that DM has a threshold and that mgt. options are another rubicon ...so the lines on valuation are drawn...question is, can ISC mgt. present the forward view case for NEW meshed technology/products between EDS and ETD.
Z made a great case for a solo EDS player that can sell more "total pkgs" once they have an ETD component.
Fear not, Dr.Jones knows the industry inside out, who wants what and where and how new products will be created. IMO, he is leading this sales effort and that is a very good thing.
