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MKTY - MTI Instruments completes U.S. Air Force $3.3M contract
Mechanical Technology Inc
MTI Instruments, operating subsidiary of Mechanical Technology ([[MKTY]]), completed its historic order of $3.3M contract for the U.S. Air Force.The contract awarded in May 2020 includes 52 PBS-4100+ engine vibration measurement and balancing systems.MTI fulfilled the complete order with its last shipment going out for delivery in October 2020 and is now entering Q3 with significant revenue growth.