Mar. 13 at 6:59 PM
$FEIM
Great DCA opportunity at these levels. That said, what you’re buying into is:
∙ An all-time-high backlog that’s about to be refueled by
$45M in new contracts
∙ A 65-year defense relationship moat that’s impossible to replicate in 5 years
∙ Five uncorrelated growth vectors, not one single bet
∙ A management team that is executing the transition from lumpy satellite supplier to proliferated satellite / Alt PNT / quantum sensing platform company
∙ Zero debt, adequate working capital, debt-free balance sheet
If you believe GPS degradation is a permanent geopolitical feature and proliferated LEO constellations are not a fad, FEIM is one of a handful of U.S. companies with the design history, security clearance relationships, and technical IP to be a required component across all of those trends simultaneously.
I like my chances here. A lot.
