InvestorsHub Logo
Followers 187
Posts 7820
Boards Moderated 0
Alias Born 02/20/2004

Re: BillJay post# 21293

Sunday, 10/14/2018 9:37:11 AM

Sunday, October 14, 2018 9:37:11 AM

Post# of 31087
Hey BillJay,,, I have a really cool question for you. I've been looking for more than a month. Tell me the last time since 2001 the Navy did an extension for the Omega refueling contracts? Answer,,, NEVER! If I'm wrong, TELL ME! I sure as hell can't find an extension!

I still maintain that there's absolutely no reason to issue a SHORT TERM, 6 MONTH extension to an expiring long term indefinite-delivery/indefinite-quantity contract unless there is serious consideration of going with a NEW VENDER. Even if it's just a split!

In so far as TMPS splitting the contract, the more I think about it, the more I like it. That possibility almost guarantees that we get a piece of the action. The U.S. Navy hates having a single provider for any service because it makes a joke of the bidding process & even if we outperform Omega the Navy will keep them on limited contract because they don't like relying on one source! All things considered, our chances here keep looking better & better.

In addition I will say that in the beginning it makes no difference what the split looks like, 50/50, 75/25. Who cares! Once we get our foot in the door we will no doubt expand our services. Plus it will look good when we bid on UK/EU services. All I can see here is win-win scenarios for TMPS! These billionaires are building a powerhouse business!

Also for those that quibble about how old the Lockheed TriStars are, the average age of the Air Force’s workhorse, the KC-135, is now about 50 years old & to this day the KC-135s still provide that critical role. A lot of people are unaware of this but for the last ten years the Air Force has been examining the use of commercial providers to beef up their Air-to-Air Refueling capability!

“At a time of historically low readiness levels, the Air Force cannot afford further degradation in air refueling capacity,” the committee report stated. “The committee is aware of several commercial providers of fee-for-service air refueling.”

& this,,,

"Fee-for-service contracts rely on a company’s own assets and personnel. The service would pay a private company to deliver tanking services by the hour. The company is paid for a certain number of service hours per year."

The commercial option could save the Air Fore up to 50 percent compared to “the current methods of organic air-refueling operations,”

I still see it like this, at the very "worst" TMPS is just the frontrunner in this contest because if it was even close the Navy would have simply taken the path of least resistance & awarded Omega another 5 years!

In any event I am still attempting to accumulate at these bargain prices because I see this play as a long term LOCK to pay windfall profits.

"Matter of time, nothing more, nothing less!"

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.