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ETC’s Aerospace Segment Awarded $12.4 Million in Contracts

SOUTHAMPTON, PA, USA, January 4, 2024 – Environmental Tectonics Corporation’s (OTC Pink: ETCC) (“ETC” or the “Company”) announced that its Aircrew Training Systems business unit (“ATS”) was awarded four contracts totaling $9.7 million.  Three are for CLS contracts for repeat customers in the Middle East, and the U.S., and one is for a mid-life upgrade of Spatial Disorientation equipment for an Asian customer. 

In addition, ETC Simulation, located in Orlando, Florida, received a $2.7 million order for the delivery of a customized ADMS simulation system for an emergency response training center being established by an international client active in the oil industry. 

“These contracts represent the continuing strong relationship with its global aeromedical customers and the expansion of ETC Simulation’s product line and customer base,” stated Robert Laurent, CEO and President.

Forward-looking Statements
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