Bussin Science Investor
Investor Focused on Risk/Reward
TechPrecision could benefit meaningfully from the Navy's $525M award to Sikorsky to develop and qualify advanced technologies for the CH-53K King Stallion, reported by @Defence_blog. Its Stadco subsidiary is deeply embedded in producing CH-53K parts, and the company's market cap is only about $35M. x.com x.comÂ
Albany International's planned sale of its structures-assembly business is a catalyst, not a risk, because CH-53K losses are fully provisioned. A $147M reserve covers the remaining eight-year loss on the fixed-price contract, and engineered composites margins rose from 8.5% to 13.3% in Q2 with no estimate drag. Eight final bidders, with a Sikorsky renegotiation as fallback, make a sale at almost any price accretive. What remains is LEAP, 787, JASSM and LRASM ramps, plus GTF inlet work from 2027. … Show more
Magellan Aerospace could gain recurring work from Boeing's $20B Navy contract for next-generation Super Hornets (F/A-XX), since it supplied Boeing components for the predecessor F/A-18 Super Hornet. Its past work includes F-18 fuselage frames, landing-gear components and GE F414 engine components. Nothing is set in stone and what carries over is unclear, but it should be a nice win for its US facilities. x.com x.comÂ
