The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Peter Arment - Robert W. Baird & Co., Inc. - Analyst
: Sure. Yeah, Peter Arment from Baird. Thanks again for doing this and for all the great presentations. I guess maybe to Brett on thinking about the
Switchblade 600 and some of the technologies like that they've talked about with ARC and VNS and some of those things that are really, I think,
at the forefront and maybe you want to comment as well is just that, given the environment that you're seeing in Ukraine, the jamming, all the
different technologies, when the Switchblade 600 will be in a position to kind of -- you're already doing things to get around some jamming, but
in a more critical manner, when will that happen and how do you just see that impacting the Switchblade 600? Thanks.
Question: Peter Arment - Robert W. Baird & Co., Inc. - Analyst
: Terrific, thanks.
Question: Peter Arment - Robert W. Baird & Co., Inc. - Analyst
: Yeah, so Peter Arment with Baird again. So Wahid, you mentioned last night on the call that eventually you're going to see a kind of a blanket
agreement for purchasing of switchblades. And it sounds like what Brett described that there's sort of like this natural cadence of where you're
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getting the training up, the teams up and all these, whether it's US. Army or the Marines. So what is the kind of the milestones investors should be
looking for before we start to see that when we know the blanket agreement's probably coming? What do we need to think about? Because it
seems like that's not only going to be important for just the volumes, but also what you've talked about as the cashflow aspect, the progress
payments.
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