Mission Ready Solutions Inc. announced that, through its wholly-owned subsidiary, Unifire Inc., the Company has been awarded a contract for COTS ? Shelter Systems (SPE1C1-22-D-1506) in support of the DLA C&T supply chain, with a Ceiling of USD 200,000,000 (CAD 256,000,000 using a USD-CAD exchange rate of 1.28) over the Term of the Contract. The COTS ? Shelter Systems program is a multiple-award, prime vendor contract, that is structured to accommodate the addition of products through the life of the contract. The Program's supply chain, at present, offers military tents, parts, and support equipment. The IDIQ contract ? with an initial 1-year base ordering period and three 1-year option periods ? calls for the supply of COTS ? Shelter Systems in support of the United States DLA Troop Support Clothing & Textiles supply chain, and specifies a maximum dollar value of USD 200,000,000. The COTS Contract follows the Company's May 2, 2020 response to Solicitation number: SPE1C1-18-R-0003. In U.S. Federal government contracting, an IDIQ is a type of contract that provides for an indefinite quantity of supplies or services during a fixed period of time. IDIQ's are also sometimes called "Task Orders" or "Delivery Order Contracts." Pursuant to U.S. Generally Accepted Accounting Principles (GAAP), revenues generated through the COTS Contract, as applicable, will not be finalized until the transaction relative to each purchase order has been completed. Consequently, revenues may be reported on a gross or net basis and some portion(s) may be deferred to future accounting periods. The gross margin on revenues generated pursuant to the COTS Contract is not expected to differ materially from the Company's historical gross margins relative to its government contracting operations. Due to the nature of IDIQ contracts generally, the Company is unable to estimate with any degree of certainty, the frequency, volume or value of purchase orders (also referred to as delivery orders) it may or may not receive in relation to the COTS Contract during the initial 1-year term or any extension thereof.