Tel-Instrument Electronics Corp. Reports Net Income of $1.0 Million for Second Quarter 2022
Tel-Instrument Electronics Corp. Reports Net Income of $1.0 Million for Second Quarter 2022
East Rutherford, NJ – November 15, 2021 – Tel-Instrument Electronics Corp. (“Tel” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $1.0 million ($0.28 per common share) on revenues of $3.6 million for the second quarter of fiscal year 2022 ended September 30, 2021.
East Rutherford, NJ – November 15, 2021 – Tel-Instrument Electronics Corp. (“Tel” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $1.0 million ($0.28 per common share) on revenues of $3.6 million for the second quarter of fiscal year 2022 ended September 30, 2021.
IFF and Mode 5: Past Present and Future
IFF (Identification Friend or Foe) is the military designation for the Air Traffic Control (ATC) System that is used to identify and track military aircraft. The IFF system consists of a ground (or airborne, or shipborne) interrogator and an airborne transponder. The interrogator transmits a coded interrogation burst via a directional antenna, to which the airborne transponder replies with identification information according to the type of interrogation. The interrogator then determines the range and bearing to the target. Depending on the type of interrogation, the transponder may encode altitude, position, and other pertinent flight information.
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