Jun. 20 at 1:17 PM
$JFB I see there is much discussion here about PUSA. This company is also competing in the DoD tender, but it is still at a very early stage and lacks the experience that XTND has. XTND has already been manufacturing and marketing for several years; its product has been sold to 30 countries and tested under real combat conditions. It is the only company in the tender using AV technology, which gives it a significant advantage over competitors. However, the product’s price is very high, so while XTND is almost certain to win the tender, the victory will be marginal and not financially significant.
Whether XTND wins or not will not materially affect its financial position. With its established reputation, the tender outcome will not change much for the company. Its financial situation is strong, and it operates a large-scale production facility in Florida.