Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Contract headache for SimiGon
Flight training systems supplier SimiGon (SIM:AIM) has seen its forecasts slashed as the Israeli Air Force drags its heels over a $2m contract. The agreement was awarded in June 2016 yet it remains bogged down in red tape. Broker FinnCap has cut $1m off its $7m 2016 revenue expectation but slashed pre-tax profit hopes from $1.4m to $0.4m.