Today, in London, Merlin's management sits across the table from institutional investors for a day of back-to-back meetings. Twelve days ago the company cleared the single engineering gate that decides whether its software ever flies a real military aircraft. The stock, meanwhile, sits near the lowest price it has traded since it came public. Three thin…
The Gate Cleared and the Tape Forgot
Merlin passed its C-130J design review twelve days ago and trades near a 52-week low with the next SOCOM order still missing
