User 119401

Why I'm 'BULL'-ish on Ceradyne

Everything that you said in this comment was true, but I think you are talking about MRAP I and I am talking about MRAP II, which calls for higher threat protection standards. FRPT and GD both did pass MRAP I, but CRDN is the only company to submit and pass using MRAP II standards. I did not mean to imply that CRDN was the only one in the race for these contracts, but I was simply trying to point out that this new product could have huge upside for the company. CRDN is the smallest of players in the market because it is new, and GD and FRPT will probably win most of the MRAP II contracts (which total almost $50 billion), but if CRDN takes 1-5% of the market that would be huge for a company that is just starting out. I appreciate your feedback, thanks for reading the article.