Tel-Instrument Electronics Corp at the 2015 MicroCap Conference (VIDEO)
Tel-Instrument Electronics Corp. Announces Full Rate Production Release on TS-4530A SETS
East Rutherford, NJ – August 5, 2015 – Tel-Instrument Electronics Corp (“Tel”, “Tel-Instrument” or the “Company”) (NYSE MKT: TIK) today reported that it has received the Full Rate Production Release for the TS-4530A SETS from the U.S. Army.
Jeff O’Hara, Tel’s President and CEO, noted, “Receiving the Full Rate Production Release on the TS-4530A SETS represents an important milestone for the Company. It is expected that volume deliveries of TS-4530A SETS will commence late in the third fiscal quarter which ends December 31, 2015. We currently have a backlog of 688 TS-4530A SETS with a contract value of approximately $7.8 million, and we are also actively marketing this test set to both domestic and foreign markets.”
Tel-Instrument Electronics Corp. (TIC) is a recognized world leader in the design and manufacture of avionics test equipment.
Tel-Instrument has a 60 year tradition of leadership and innovation and the company continues to expand its product line and services to meet emerging customer needs. We offer solutions for most civil or military applications and verification and certification of nearly every system.
From concept and design, through manufacturing, final assembly and quality inspection, our customers trust us to provide the latest technology with superior reliability, versatility and performance. We provide products and services to the individual, corporate and military customers based on their requirements, industry and government guidelines and extensive knowledge developed by working closely with the user and including them in the design and development process.