Friday, January 20, 2012 8:48:18 AM
1. Arista was awarded a $922,000 U.S. Army contract. Implying that they may not receive any funds is ridiculous. When you're awarded a $922,000 contract, you get paid $922,000 (unless you screw it up).
2. Arista will be the prime contractor to complete Phase One activities for the development of a new Intelligent Micro-Grid. Being the prime contractor instead of a subcontractor is huge. That means that THEY are the ones in charge of running the project, not Wyle. It's a huge deal.
3. The program has a Phase Two option for CERDEC to provide additional funding for continued development upon the successful completion of Phase One. So, if Arista does a good job on Phase One, there should be at least a good chance that Phase Two and its funding will go to Arista. Why wouldn't it? I'm far from an expert on government/military contracts, but that makes sense to me (not sure if logic applies to government spending!).
For a tiny company like Arista, ONE of these facts would be a huge deal. All three? Home run, imo.
As rocky as 2011 was for Arista, 2012 looks like its off to a great start.
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