Question-and-Answer Session
Operator
Thank you Mr. Hult. (Operator Instructions). And we will go first with Steve Levenson with Stifel Nicolaus.
Steve Levenson - Stifel Nicolaus
Thank you. Good afternoon.
Bob Hult
Hi, Steve.
Steve Levenson - Stifel Nicolaus
Nice to see the progress that you're making. Aside from the licensing agreement funding that you talked about, are there any other payments that will come down the road, or is this it, one shot?
Mark Aslett
In relation to AUSG, it's a onetime payment for the intellectual property. However, on the sale of the ES/PS business, we do expect to receive approximately slightly less than $1 million, but spread out over a two-year period.
Steve Levenson - Stifel Nicolaus
Okay. And that's going to help you avoid -- have you determined how much expense or loss that might help you avoid going forward?
Bob Hult
Exactly. Steve, on the AUSG license to Honeywell, that business was almost burning $1 million a quarter. So the loss avoidance there looking forward approaches $4 million, in addition to the $3 million, $3.2 million of cash, which we will see here in the June quarter.
Steve Levenson - Stifel Nicolaus
Great, thanks. Did you have any 10% customers during the quarter?
Bob Hult
We had one, a defense customer, one of our usuals.
Steve Levenson - Stifel Nicolaus
And is that on signal intelligence platforms?
Mark Aslett
That's correct.
Steve Levenson - Stifel Nicolaus
Lastly, last night, Northrop announced that they had won or the government announced they had awarded Broad Area Marine Surveillance program to Northrop, which uses the Global Hawk. With the SIGINT packages and whatever else is on there, have you got an idea of what your content is or what sort of participation you might have on BAMS?
Mark Aslett
We believe that we're going to be a part of the BAMS program going forward.
Steve Levenson - Stifel Nicolaus
Nothing beyond that, though, right now?
Mark Aslett
It is definitely a program that we will be a part of. I don't think we've given specific guidance in terms of dollar values associated with programs, Steve, historically.
Steve Levenson - Stifel Nicolaus
That's okay. Thank you very much.
Operator
And we will go next to Jonathan Ho with William Blair.
Jonathan Ho - William Blair
Good afternoon, guys.
Mark Aslett
Hi, Jonathan.
Jonathan Ho - William Blair
Hi, how are you doing. Just a couple of questions. First of all, on the auction rate securities, can you give us a little bit more color on what's happening on that side, especially relative to the put, and sort of your expectations on what's going to happen in the next couple of quarters on that side?
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