Newsletter Subscription


Saturday, Nov 1, 2014


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.


Related Research on ASDReports.com:
UAV Payload & Subsystems Market Forecast 2014-2024

Source : Tel-Instrument Electronics Corp.

Published on ASDNews: Oct 30, 2013

 

Airborne ISR and C2 Battle Management 2015 Conference

Feb 25 - 26, 2015 - London, United Kingdom

Register More info


ITAR Defense Trade Controls e-Seminar

Jan 1 - Dec 31, 2014 - Online, Online

Register More info


Coastal Surveillance 2014 Conference

Nov 12 - 14, 2014 - Singapore, Singapore

Register More info


© 2004-2014 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk