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Technology Stocks : Orbital science (ORB)
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To: Angelo J Cici who wrote (1208)3/10/1998 9:02:00 PM
From: dwight martin  Read Replies (1) of 2394
 
AFTER EDIT:
More substantively, from 3-9-98 Aviation Week:

Missile defense targets worth $1 billion will be competed by the U.S. Army between Coleman Research Corp., Lockheed Martin and Orbital Science (sic) Corp. in the next 10 years. The companies will fight for contracts to provide up to 300 target missiles scheduled to be used by the Ballistic Missile Defense Organization to test missile defense systems. The competing targets are Coleman's Hera, Lockheed Martin's MultiService Launch System (MSLS), and Orbital's Storm. Near-term plans call for the Army to buy five targets this year, 35 in FY '99 and 44 in FY 2000.

You will note that not one of the billion dollars potentially at stake can yet be claimed by any of the three competitors, and that the procurements will be heavily weighted in the "out years" beyond 2000. I do believe that ORBI will get the lion's share of this business, when and if it happens.
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