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Thursday, January 03, 2008 5:55:27 PM
I am in no way saying that it would be pretty.
Please review the debt FATS had when it was acquired by Meggit. It was disgusting. Any operational profits they ever had were engulfed by debt service.
Further, it seems that the govt is requiring prime contractors to divide up there contracts amongst small businesses. Review the Army's FOCUS award to Raytheon. There are 50-60 small businesses that Raytheon had to partner with to win it. Even further, the new STOC II army program is requiring that 42% of the award involve small business.
My point about any talk of a buy out is that to a larger company $4 million+/- in debt is nothing.
b-17
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