From a fundamental analysis point of view, this stock looks near perfect. Excellent gross, operating and net margin, very low debt, lots of insider ownership. I'm a little bit concerned about the accounts receivable, so should keep an eye on that. Revenue growth is slowing, so there's a potential problem.I think the biggest risk with this stock is that almost 92% of it's revenues are from the US military. Revenue from commercial establishments is only about 7%. Could take a huge hit if the military decides to throw some weight around.
Regardless, I think it's undervalued. This is for sure, not a momentum play. It's for those willing to nurture it over the long term.