TIK and why we should see $30.00 to $50.00 ahead.
The positive news is that webelieve that we are now approaching the turn-around point where weexpect to report increasing quarterly revenues and a return toprofitable operations. This is based on several major pending contractsin the pipeline and indications of future large orders from key domesticand international Mode 5 customers. All allied countries have adrop-dead date of January 1, 2020 for Mode 5 capability and ourinternational business is now poised to drive our business growth forthe next several years.
As reported last week, we have recently been informed by Germany that itplans to award a contract to the Company for 275 TS-4530A test sets,with approximately 200 of these test sets expected to be delivered inthe next 12 months. This is expected to result in a multimillion-dollarcontract for the Company. Although this award is currently beingprotested by an unsuccessful bidder, we are optimistic that we willreceive this contract in the near term. We are also negotiating a largeorder from Lockheed Martin for additional AN/USM-708 test sets. Finally,the Company also expects, based on customer input, to receive amulti-million order from the U.S. Department of Defense (the “DOD”) foradditional Mode 5 test sets this year. These pending orders wouldmaterially improve our sales backlog and allow for substantialimprovements in quarterly revenues and profitability.
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