Having worked in the defense industry most of my adult life, I see some strong similarities here with other companies I've watched in the past.
Best guess is that the stock should increase again once the pilot date and place are announced. Based upon the results of the pilot after it is finished, the stock should either take a big jump upwards or downwards.
If the pilot is successful (I believe it will be), a rollout schedule will be developed for other airports around the country and the stock should jump higher again. At that point, watch for the big defense companies like Northrop Grumman, SAIC, etc. to be maneuvering for an acquisition. They do this sort of acquisition all the time. Once an acquisition occurs, the stock should be stable and large blocks of stock can be traded because the volume those big companies see provides better liquidity.
That's my take. I could be wrong. Wouldn't be the first time, and probably not the last.