As usual, you have your facts wrong. You said this is a quote from the report. It is in fact a paraphrase from a news service. Regardless, every analyst who covers CRDN has a model that goes out multiple years. When companies like CRDN issue press releases about 5 year contracts, the analysts are compelled to model the contracts. When will you realize that CRDN as a company needs to be examined to see what it would look like without the body armor business. While there will be replacement orders of course, the initial ramp is one-time in nature. That is why the stock got cut in half in the first quarter of last year. Investors thought the cycle was ending. But, the new order cycle started since the old stuff needed to be replaced because of armor-piercing bullets. And soon, that order cycle will end. What then? Do your work. You are no Guru.