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Hello everyone, Hope you all enjoyed the great BBQ and the fire works. Us we have promised our own fire work is here and ready to go so lets not wait any longer start your full DD and lets end the week on a great note.
LTTC provides very advanced information and communication technology services to both the Government, and the private sector...as well as international clients. This ranges from the US Military, to correctional facilities (jails and prisons) that require highly secure communications.
LTTC just landed a huge GOVERNMENT contract with the US Air Force!
Take a look:
http://finance.yahoo.com/news/lattice-awarded-u-air-force-133000530.html
The contract is for LTTC to provide IED (Improvised Explosive Devices) Detection for the US Air Force, and the contract lasts for 18 months.
The global market opportunity for counter-IED technologies is estimated to exceed $23 billion, according to Homeland Security Research Corporation. This market is expected to expand exponentially as greater numbers of sensor classes and sensors are added to the system, both for IED prediction applications and general decision support functions.
IEDs are some of the main threats in the Middle East wars and conflicts, some of the more well known IED's are called "Roadside Bombs." You may be familiar with them from the Best Picture winner, The Hurt Locker.
LTTC is hoping this will provide them with a strong entry point into this large market segment.
It's definitely an amazing start.
LTTC is obviously the real deal, or they wouldn't be getting paid by the US Government's most powerful segment, the military.
LTTC both develops and implements advanced information and communications technology for select government agencies. Their world-class systems support the operational effectiveness of warfighters, first responders, and force protection services that are focused on sustaining and strengthening U.S. security. As a U.S. Government defined “small business,” LTTC has a long successful history securing government contracts and delivering both custom and turn-key solutions to government agencies and the military.
(How is a company like this trading below $1?!)
LTTC has even had a contract with the Executive Office of the President!
Lattice is uniquely positioned for growth and stability.
LTTC has booked over $11 MILLION in revenue in the past 4 reported quarters!
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