UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
___________________________________
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): March
6, 2008
___________________________________
TEL-INSTRUMENT
ELECTRONICS CORP
(Exact
name of registrant as specified in its charter)
New Jersey |
33-18978 |
22-1441806 |
(State or other jurisdiction of incorporation) |
(Commission File Number)
|
(IRS Employer Identification No.) |
728 Garden St |
(201) 933-1600 |
|
(Address
of principal |
(Registrant's telephone number, |
Not Applicable
(Former
name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 7 - Regulation FD
Item 7.01. Regulation FD Disclosure.
On March 6 2008, Tel-Instrument Electronics Corp announced that it has been awarded a $2.17 million purchase order from the U.S. Navy for 83 AN/USM-708 (CRAFT) flight line test sets and related documentation. This increases the number of pilot production orders from 15 to 98. This order is expected to be substantially completed during the 2008 calendar year.
As announced on February 29, 2008, total maximum order quantities for this indefinite-delivery/indefinite-quantity (IDIQ) AN/USM-708 contract were recently increased by the Navy from 750 units to 1,200 units, with the maximum contract value increasing to approximately $27 million.
A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TEL-INSTRUMENT ELECTRONICS CORP |
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Date: | March 10, 2008 | By: |
/s/ Harold K. Fletcher |
|
Harold K. Fletcher |
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Chairman and President |