I know there has been historic and vlaid criticism of the tech division, and with Roger geting 600k options i wonder if it because things are finally going to xome to tangible and REGULAR fruition
The Technology Division continues to win and deliver a wide range of solutions to clients around the world and is currently progressing several multi GBP million contract opportunities, including opportunities for consultancy, solutions and product sales. The pipeline trials in the Americas, as announced in August, have been completed successfully and further discussions with the client are being held. We expect a positive outcome
Good morning all Djalminha, pleased to see you back here posting regularly again. There was a bit of discussion a few days ago about whether the consultancy contract was, or was not, the same Americas contracts that had previously been mentioned. You are right to highlight the puzzling discrepancy about it being won by the Technology Division. At present we can only speculate about where these deals may be, but the important point to make is that they are far from West Africa, and it will be brilliant to get any Rec Rev managed services contract away from WA.
Updating on contract discussions within the Managed Services Division, Peter Fowler, added:
"Updating on contract discussions within the Managed Services Division, Peter Fowler, added:
"I have previously reported that our Managed Services division has been in discussions with a number of long term, recurring revenue opportunities in airports around the world, all of which remain live opportunities. We are in continuing dialogue with the authorities regarding the East African project and expanding the scope of work. The major project opportunity in the Americas that we have previously referred to, as well as those in other parts of Africa, continue to progress through their respective procurement processes and I am encouraged by several new and important prospects in other parts of the World, including in Asia, where we have entered into new and exciting discussions on a number of potential projects. As ever with large scale governmental contracts there is no certainty as to timing or final outcome of such discussions but we remain excited about our future growth prospects.
If numbers haven't changed would that mean that the Americas tech contract would be a different one to the managed services one referred to on previous RNS that was in discussions?
Or do we think that the contract won recently is the one they were referring to? Confused as this is clearly stated in the published RNS as technology devision... "that its Technology Division has secured a contract to undertake a major consultancy project for a government in the Americas"
Its the same as what was in the interims ............"the overall prospect pipeline has grown to circa 35m pax (May 2014: 30m pax) of which 3.8m pax relate to airports in East and Southern Africa and the Americas where we are in regular and advanced high level discussions at Director, National Security, Ministerial and Presidential levels."
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