Ms Share Discussion Threads

[cockerhoop] 03/12/2024 10:44

Defence managed to over double turnover FY24 over FY23 with only 18 more staff (152 increasing to 170). Which highlights the operational gearing possible.

Parallel production lines for Naval & Paladin have also been developed. Whilst capacity improvements have been ongoing for a number of years, expansion capex kicked on strongly in FY24 to meet increased demand.

[yasrub] 03/12/2024 09:23

They were also recruiting quite heavily earlier in the year.

[norbert colon] 03/12/2024 09:08

Production rates per se are unknown but we do know the company has been investing heavily in their Norwich facility and will continue to do so...."Further expansion of production capacity is planned for the coming year with a further area identified for re-development for both continued orders for current products and also anticipated orders for new products"

[phar lap] 02/12/2024 12:43

Does anyone know the current production rate and capacity for the various gun systems?

[cockerhoop] 02/12/2024 09:53

In the same document there are larger contract references to MK38 AIT which I believe relate to Mod 2/3 upgrades etc but do give a flavour of the ongoing revenues once the systems are integrated in meaningful numbers.

[phar lap] 02/12/2024 09:23

From Naval Sea Systems Command, dated 16/07/2024



MK38 MOD4 OIR (MSI) Open and Inspect/Repair of MK38 MOD4 GWS
MK38 MOD4 Spares (MSI) Procure MK38 MOD4 Spares sole source from MSI

Both contracts listed as new
Both valued at > $2M < $7.5M

[wjccghcc] 29/11/2024 15:16

Yes. Thank you all for really informative contributions.

[gswredland] 29/11/2024 12:15

Thanks guys for an informative board.
Good to see buying coming in

[phar lap] 29/11/2024 11:59

As previously mentioned on this board,

From the Navy Budget 2024

"DDG 51 Flight IIA and Flight III Destroyers will receive the new 30mm MK38 MOD 4 Gun Weapon System (GWS), which is integrated with the AEGIS combat system for greater lethality and accuracy in the execution of C-UAS and Counter Unmanned Surface Vehicles (C-USV) operations."

Flight 11A - 45 Active, 2 under construction.
Flight 111 - 1 Active, 10 Under construction, 10 Authorised.

Nice recurring installation and maintenance revenue for the years ahead.

[johndoe23] 29/11/2024 10:13

Yes definitely

[yasrub] 29/11/2024 09:56

Good to see some buying this morning, not long until HY results

[norbert colon] 27/11/2024 11:56

Thanks all - has been between 7th and 16th Dec over the last few years

[phar lap] 27/11/2024 11:46

No confirmed date for interim results.Awaiting on auditors interim review.Should be similar timetable as prior year.As per company.

[harry_david] 27/11/2024 11:01

Norbert, it came from my broker along with other dates, I think I have it right.

[norbert colon] 27/11/2024 10:36

Have you spoken to the CoSec ?

[harry_david] 27/11/2024 10:06

Figures due 12th Dec I gather

[johndoe23] 27/11/2024 08:07

Lower channel of uptrend around 950p, hopefully

[gswredland] 21/11/2024 17:04

Hopefully all will be clear as we should get TU or results by mid December

[yasrub] 21/11/2024 15:37

I think it started with the SOLI news and the headlines yesterday re.MOD cuts which IMO do not have significance on MSI.Company operates in diversified markets and management have clearly indicated Paladin in demand 'New territories'.

[johndoe23] 21/11/2024 15:13

Exactly. Other defence stocks rising, some if not all

[fozzie] 21/11/2024 14:57

Yes I just cannot get my head round how the hell this is still sub £10 and looking weak. We look to be nearer WW3 than at any time in the last 20 years and this should be flying you'd think.

[johndoe23] 21/11/2024 10:21

It's as though world peace has broken out

[johndoe23] 21/11/2024 08:27

Down again ffs

[harry_david] 15/11/2024 16:25

Well we have had our wild ride for the last few days and at what looks like the end we are back to where we started. Whatever the reason the company is very well positioned for the future for us holders

[cockerhoop] 15/11/2024 09:34

Mr Hoop to you Mr Colon :-)

In fact the defence review might ask the question why the Aircraft carriers haven't been fitted with the specified 4 x 30mm MSI canons which would provide some drone protection at the cost of a mere £10m per carrier.