Just a reminder how big ENVG-B is. | EMAN Message Board Posts

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Msg  3978 of 4537  at  2/4/2019 6:34:27 PM  by

frankenberry


Just a reminder how big ENVG-B is.

 L3 2Q 2018 CC:
 

Christopher Eugene Kubasik - L3 Technologies, Inc.

One highlight for Sensors was a three-year $390 million next-generation night vision goggle award for 13,000 units; 10,000 for the Army and 3,000 for the Marines. Consistent with our customers' desire to move rapidly, the Army and L3 is in alpha contracting process to negotiate and complete the deal in about 60 days. This 10,000 unit initial order positions us to compete for the Army's planned purchase of 100,000 night vision goggles in the years ahead. This is a case in point of bringing the disruptive and innovative technology fast to market at an affordable price.


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Christopher Eugene Kubasik - L3 Technologies, Inc.

I think that night vision goggle example is a perfect case. That's, again, $391 million for 10,000. The opportunity for 100,000, you can do the math, those need to be competed over the next several years, the three phases or whatever the Army wants to do. You can get some pretty big numbers with billions in them, and they backed it up. I've personally been in the building as well as our executive leaders and we're responsive, we're committed. I think these guys are doing a great job and they need people like us that can align and prove that these types of things could be done.

https://seekingalpha.com/article/4190980-l3-technologies-lll-q2-2018-results-earnings-call-transcript?part=single

So lets do the math .  $390m/13,000 units  = $30,000 / unit
 
ENVG-B potential program total - $30,000 x 100,000 units = $3 Billion 
 
Compared that to MSFT Hololens for Military @ $480m if they can make it work .
 
 


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