Adacel Technologies Limited (AU:ADA) has released an update.
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Adacel Technologies Limited, a leading provider of Air Traffic Management and simulation solutions, continues to fulfill its FAA contract despite a protest against the award process, awaiting a resolution from the Office of Dispute Resolution for Acquisition. The Company, confident in a positive outcome, maintains its commitment to supporting the FAA and ensuring safe airspace management. Shareholders will be updated as the situation develops.
For further insights into AU:ADA stock, check out TipRanks’ Stock Analysis page.