Tel-Instrument Electronics Corp. Receives $1.48 Million Follow-On Mode 5 Test Set Order for the German Military
East Rutherford, NJ – August 26, 2019 – Tel-Instrument Electronics Corp. (“Tel”, “Tel-Instrument” or the “Company”) (OTC: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported that it received a follow-on purchase order totaling $1.48 million from its European Distributor, Muirhead Avionics (“Muirhead”) for Mode 5 test sets from the contract awarded by the German military. This order is part of a seven-year procurement contract with anticipated orders for the 2019 calendar year estimated at $3.5 million.
Tel-Instrument Electronics Corp. Reports Improved Financial Results for First Quarter 2020
Tel-Instrument Electronics Corp. Reports Improved Financial Results for First Quarter 2020
East Rutherford, NJ – August 14, 2019 – Tel-Instrument Electronics Corp. (“Tel”, “Tel-Instrument” or the “Company”) (OTC: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $258k on revenues of $3.3 million for the first quarter of fiscal year 2020 ending June 30, 2019.
East Rutherford, NJ – August 14, 2019 – Tel-Instrument Electronics Corp. (“Tel”, “Tel-Instrument” or the “Company”) (OTC: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $258k on revenues of $3.3 million for the first quarter of fiscal year 2020 ending June 30, 2019.
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