SQL 2005 Query Hangs and never returns results. If i update Stats it runs

Heres the query


SELECT ve2.ID, ve3.VALUE_AS_STRING, ve5.VALUE_AS_TEXT, ve7.VALUE_AS_STRING, ve9.VALUE_AS_STRING,
ve11.VALUE_AS_STRING
FROM tblGRNT ve0 INNER JOIN tblGRNT2 ve1 ON ve1.GRANTEE_VEOID = ve0.VEOID
  INNER JOIN tblD)ve2 ON ve2.VEOID = ve1.DATAOBJECT_VEOID
  INNER JOIN tblDAve3 ON ve3.DATAOBJECT_VEOID = ve2.VEOID
  INNER JOIN tblMDAve4 ON ve4.VEOID = ve3.METAATTRIBUTE_VEOID
  INNER JOIN tblDAve5 ON ve5.DATAOBJECT_VEOID = ve2.VEOID
  INNER JOIN tblMDAve6 ON ve6.VEOID = ve5.METAATTRIBUTE_VEOID
  INNER JOIN tblDAve7 ON ve7.DATAOBJECT_VEOID = ve2.VEOID
  INNER JOIN tblMDAve8 ON ve8.VEOID = ve7.METAATTRIBUTE_VEOID
  INNER JOIN tblDAve9 ON ve9.DATAOBJECT_VEOID = ve2.VEOID
  INNER JOIN tblMDAve10 ON ve10.VEOID = ve9.METAATTRIBUTE_VEOID
  INNER JOIN tblDAve11 ON ve11.DATAOBJECT_VEOID = ve2.VEOID
  INNER JOIN tblMDAve12 ON ve12.VEOID = ve11.METAATTRIBUTE_VEOID
WHERE ve0.VEOID = 201 AND ve4.MET_NAME = 'ID' AND ve6.MET_NAME = 'PROJECT_TITLE'
  AND ve8.MET_NAME = 'AWARD_DATE' AND ve10.MET_NAME = 'GRANT_AMOUNT' AND ve12.MET_NAME = 'PAID_AMOUNT'