Tempus Applied Solutions Holdings Inc fka TMPS

[AJH92]

LongCA. Excellent find - this looks like the best possible outcome - it is huge.

As I stated in my earlier post laying out all the possible options, there is more than enough work for any contractor with tankers.

This should put an end to the petty infighting between $TMPS and Omega for good.

Right now I'm maxed out trading multiple other stocks but I will formulate a definitive brief on this over the weekend.

The short version is:

- The USN intends to fast-track a new competition.

- They are considering a new way of specifying the contract.

- One element would be Indefinite Delivery / Indefinite Quantity - that is no limits on where fuel is to be provided or how much - so "on call as required" [would potentially be much more than the original contract].

- Another is Multiple Award Contract (MAC) "contracts are awarded to 2 or more contractors" - so both $TMPS and Omega.

- Another is doubling the period to 10 years by way of a 5-year option - to make investment by the contractors worthwhile if they want to enhance their fleet size.

The Industry Day is to discuss the fine detail of the above with all interested parties.

I will get chapter and verse on the official wording of all these definitions in my new brief over the weekend.