Nov. 12 at 7:36 PM
$QUIK
<<overreaction.>>
<< Dude said they expect news for the efpga contract in COMING WEEKS lol ..>>
7 weeks left in 2025, and the FY2026 defense bill is still not passed and signed into law.
We are still on FY2024 defense spending until then, which doesn't fund current projects.
Who knows what funding for many DIB companies is still held up, waiting on the passage into law?
DIBs can't sign contracts if the funding isn't approved.
With the way the House and Senate fight, we may not get the defense bill passed this year, for maybe the first time ever.
Yes, "coming weeks".
BUT it makes a big difference here if "coming weeks" is between 3-7 weeks and 8 weeks or more.
That FY2026 Defense funding bill being unpassed, throws a big monkey wrench into the workings of many companies, including QUIK.
