Tel-Instrument Electronics Corp. (Tel) (NYSE American: TIK) has reported the German government has notified the company´s UK distributor of its intent to purchase up to 275 TS-4530A Mode 5 test sets in a multi-year, multi-million dollar contract, the company said.
The German government has received a protest to this planned award from an unsuccessful bidder and this must be resolved prior to any contract being awarded.
Tel said this is the first multi-million international contract for Mode 5 test sets and provides an indication of the scope of the international Mode 5 market and the competitiveness of our test sets.
Tel-Instrument Electronics Corp. is a designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government/military aerospace and defence markets. Tel-Instrument provides instruments to test, measure, calibrate, and repair a wide range of airborne navigation and communication equipment.