Contract awards for military air-to-air refueling
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Posted On: 09/01/2018 3:15:57 PM
Contract awards for military air-to-air refueling for the following FY are usually announced in September.
I'll be watching out from mid-September 2018 to see if $TMPS was successful this time around with its bid - we do not know exactly what bid was pitched but we do know the company moved its Corporate HQ to be close to a Naval Air Station.
It will also be interesting to see if Omega is awarded another contract this year and for how much. Remember that I have shown in multiple posts that there will be more than enough demand from the US military - let alone anyone else - for contracted air-to-air refueling for many years to come:
- The USN has an ongoing shortfall in "probe-and-drogue" tanker capacity.
- The introduction of the new USAF replacement large tanker - the KC-46 - is way behind schedule with ongoing problems.
- The life extension program for the USAF small tanker - the KC-135 - the youngest of which is already 56 years old - will take a number of aircraft off line for significant periods through to 2028 to incorporate modifications to enable a service life through to 2040.
- Any opportunity to outsource "probe and drogue" tanking to contractors is likely to be taken - particularly for non-warfighting missions such as routine qualification training, test and evaluation, exercises, aircraft delivery etc.
As I'm going to be busy with many other likely runners from my Watch List during the remainder of 2018, those with a particular interest in $TMPS can check contracts awards here - you may spot it first yourself:
https://dod.defense.gov/News/Contracts/Search/refueling/
I have put "refueling" in the search criteria - you have to scroll down the entire page in each hit where at least one contract will be for some type of refueling (not necessarily air-to-air).
As an example, here was the last award to Omega on September 25, 2017 for $43 Million +:
https://dod.defense.gov/News/Contracts/Contra...e/1323750/
If I see buys on my scanner, I will immediately be buying more $TMPS.
I'll be watching out from mid-September 2018 to see if $TMPS was successful this time around with its bid - we do not know exactly what bid was pitched but we do know the company moved its Corporate HQ to be close to a Naval Air Station.
It will also be interesting to see if Omega is awarded another contract this year and for how much. Remember that I have shown in multiple posts that there will be more than enough demand from the US military - let alone anyone else - for contracted air-to-air refueling for many years to come:
- The USN has an ongoing shortfall in "probe-and-drogue" tanker capacity.
- The introduction of the new USAF replacement large tanker - the KC-46 - is way behind schedule with ongoing problems.
- The life extension program for the USAF small tanker - the KC-135 - the youngest of which is already 56 years old - will take a number of aircraft off line for significant periods through to 2028 to incorporate modifications to enable a service life through to 2040.
- Any opportunity to outsource "probe and drogue" tanking to contractors is likely to be taken - particularly for non-warfighting missions such as routine qualification training, test and evaluation, exercises, aircraft delivery etc.
As I'm going to be busy with many other likely runners from my Watch List during the remainder of 2018, those with a particular interest in $TMPS can check contracts awards here - you may spot it first yourself:
https://dod.defense.gov/News/Contracts/Search/refueling/
I have put "refueling" in the search criteria - you have to scroll down the entire page in each hit where at least one contract will be for some type of refueling (not necessarily air-to-air).
As an example, here was the last award to Omega on September 25, 2017 for $43 Million +:
https://dod.defense.gov/News/Contracts/Contra...e/1323750/
If I see buys on my scanner, I will immediately be buying more $TMPS.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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