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Re: sharklady00 post# 137213

Friday, 05/18/2012 5:01:40 PM

Friday, May 18, 2012 5:01:40 PM

Post# of 157299
It could be a time and material contract. Such contracts are for a specific time period and have a maximum amount.

GTC agrees to sell the navy the units at a certain price and airtime at a certain price for a period of two years for example. But the Navy cannot commit to the number of units they need. I'm just guessing here.

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