Tempus Applied Solutions Holdings Inc fka TMPS

[AJH92]

Exactly - it is only the current contract that may be terminated for "corrective action".

"The Department of the Navy has informed TriStar Air LLC that a decision has been made to take corrective action and the Agency intends to terminate the air-to-air refueling contract awarded to TriStar Air LLC, as announced by the Company April 24, 2019."

https://www.otcmarkets.com/filing/conv_pdf?id=13607560&guid=hDxIUnYSq3iGzyh

It does not say:

- That the contract has actually been terminated yet.

- What the "corrective action" is.

- That the contract to $TMPS won't be replaced with a re-written one since they won the bid on technical merit (as was expected by subject matter experts).

- That the bid process won't be re-run.