InvestorsHub Logo
Followers 2
Posts 480
Boards Moderated 0
Alias Born 07/26/2009

Re: None

Thursday, 03/25/2010 10:54:41 AM

Thursday, March 25, 2010 10:54:41 AM

Post# of 79739
Likewise, we predict revenues from defense contracting efforts will increase in upcoming months as task orders emerge. We continue to place bids as either a prime or a subcontractor for logistics, engineering and IT projects to various U.S. federal agencies and the military. Many of our subcontracting agreements and contract awards announced in 2009 have yet to commence. Since most are large, multiyear contracts, we foresee longterm growth to our earnings as we progress and win task orders. Our near term revenues are difficult to predict accurately, and at present, we can only offer a longterm outlook due to the timing of task orders and nature of government contracting. However, we do expect to hear awards announcements in the first quarter, at which time we will be able to better predict our revenues for the coming year.