hey SJ, yeah, Xe (aka Blackwater) had one Super Tucano, which they were testing for a secret project for the Navy (Imminent Fury). We dont know who TADF acquired the super T from, but it was most likey from Xe becasue the plane has the same N-number. In any case, the key point here, is that TAC-AIR/TADF have the ONLY Super Tucano in the U.S. for training purposes. Under their agreement, TADF financed the craft and Tac-Air took possession of the plane and will perform all training & maintenance. In addition, TADF/TAC-AIR will be sharing all profits 50/50 from here on out, until the merger is complete, which then all profits go to the merged entity. This plane is used all over the world, and the US Airforce is seriously considering buying a fleet of 30 - 55 planes to deploy in their LAS mission in afghanistan.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.