Newsletter Subscription


Sunday, Nov 23, 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.


Source : Tel-Instrument Electronics Corp.

Published on ASDNews: Oct 30, 2013

 

Data Analytics Week for Government

Feb 23 - 25, 2015 - Washington, United States

Register More info


US Export Controls with REFORM CHANGES Seminar

Jun 15 - 18, 2015 - San Francisco, United States

Register More info


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

zpsk