Newsletter Subscription


Tuesday, July 7, 2015


Tel-Instrument Electronics Announces Receipt of an Additional $1.24 M of CRAFT Delivery Orders

Tel-Instrument Electronics Corp. (“Tel” or “Company”) (NYSE MKT:TIK) announced today that it has received three additional delivery orders from the U.S. Navy totaling $1,244,385 for the CRAFT program.

These new orders are for 36 AN/USM-708 and AN/USM-719 Mode 5 IFF test sets and are associated with the $9.5 million five year indefinite-delivery/indefinite-quantity (“IDIQ”) contract announced last week. With the three delivery orders announced last week, the U.S. Navy has placed orders for 129 CRAFT test sets at a total value of $4,083,485. This IDIQ contract is in support of the U.S. Navy, U.S. Marine Corps, U.S. Army and various Foreign Military Sales customers under the Foreign Military Sales program.


Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.

Source : Tel-Instrument Electronics Corp.

Published on ASDNews: Oct 30, 2013

 

MilSatCom Latin America 2015 Conference

Sep 22 - 23, 2015 - Maceio, Brazil

Register More info


US Export Controls with REFORM CHANGES Seminar

Dec 7 - 10, 2015 - Miami, United States

Register More info


Offshore Patrol Vessels Africa Conference

Aug 24 - 26, 2015 - Lagos, Nigeria

Register More info


© 2004-2015 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk