Metal Storm (Metal Storm) Research & Development : $0.48 Mil (TTM As of Dec. 2011)

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What is Metal Storm Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Metal Storm's Research & Development for the six months ended in Dec. 2011 was $0.48 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2011 was $0.48 Mil.

Metal Storm Research & Development Historical Data

The historical data trend for Metal Storm's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Metal Storm Research & Development Chart

Metal Storm Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Research & Development

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1.46

1.06

0.88

0.60

0.48

Metal Storm Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Research & Development	Get a 7-Day Free Trial							1.46	1.06	0.88	0.60	0.48

Metal Storm Research & Development Calculation

This is the expense the company spent on research and development.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Dec. 2011 was $0.48 Mil.

Metal Storm (OTCPK:MTSXY) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Metal Storm Research & Development Related Terms

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Metal Storm (Metal Storm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Metal Storm Ltd (OTCPK:MTSXY) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.metalstorm.com

Metal Storm Ltd is incorporated under the laws of Australia on April 13, 1994. The company is a defence technology company engaged in the development of electronically initiated ballistics systems using its stacked round technology. Its technology is an electronically initiated, stacked projectile system which removes the mechanical steps required to fire a conventional weapon. Effectively, the only parts that move in Metal Storm's technology are the projectiles contained within the barrels. Multiple projectiles are stacked in a barrel, each separated by a propellant load. Its products include 3GL - 3 shot grenade launcher, FireStorm, MAUL, Redback, Munitions and Component weapon systems. The company also provides Research and Development as well as Consulting and Integration Services.

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