UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): July 25, 2006
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TEL-INSTRUMENT ELECTRONICS CORP
(Exact name of registrant as specified in its charter)
New Jersey 33-18978 22-1441806
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
728 Garden St
Carlstadt, New Jersey 07072 (201) 933-1600
(Address of principal (Registrant's telephone number,
executive offices) including area code)
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 (17CFR 240. 14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17CFR 240. 14e-4(c))
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Section 7 - Regulation FD
Item 7.01. Regulation FD Disclosure
On July 25, 2006, the registrant issued a press release to announce
that it has been awarded a major contract by the U.S. Navy for Intermediate
Level TACAN Testers ("ITATS"). The ITATS award value for the firm-fixed
price; indefinite-delivery/indefinite-quantity is $12,724,750, including
future deliverables. The Company has received the first delivery order
valued at $4,443,816 for systems engineering, design and integration,
fabrication, testing, and associated logistics costs for six First Article
Test Units. Production will take place in Carlstadt, N.J., and the initial
delivery order is expected to be completed in the next 18 to 24 months. A
copy of the press release is attached as Exhibit A and incorporated herein
by reference.
SIGNATURE
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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 there unto duly authorized.
TEL-INSTRUMENT ELECTRONICS CORP
Date: July 25, 2006 By /s/ Harold K. Fletcher
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Harold K. Fletcher
Chairman and President
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