InvestorsHub Logo
Followers 166
Posts 20260
Boards Moderated 2
Alias Born 12/09/2004

Re: Kevin40 post# 44168

Tuesday, 03/16/2010 3:06:00 AM

Tuesday, March 16, 2010 3:06:00 AM

Post# of 79740
There is no need for EVRM to PR the Honeywell information.

There are no task orders for EVRM from this Honeywell contract at this time which means there is no money or work for EVRM to perform.

All that PR says is that Honeywell along with another company have been awarded prime contractor status for a large contract. It does not say which of the two primes will get how much money in TO's. That information will come out in the future as TO's are awarded.

Depending on what work the TO's require Honeywell will issue a task order to the appropriate sub of which EVRm is one. For all we know, EVRM may have to compete with the other subs for the TO's.

What is significant about this PR is that a very large and well known Defense contractor publicly announced that EVRM is one of 4 subs is will use in the work it gets. That confers a large dose of legitimacy upon EVRM.


BOREDOM, It's a terrible thing to waste.