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MT. LAUREL, N.J. - InTest Corporation (NYSE American:INTT), a $85 million market cap technology solutions provider with annual revenues of $127.5 million, has received a $2.6 million order from an unnamed prime defense contractor for multiple thermal test systems, according to a press release statement issued by the company. According to InvestingPro analysis, the company currently trades below its Fair Value.
The thermal test solutions, designed and manufactured by InTest’s Environmental Technologies Division, will be used for ultra-low temperature testing of advanced electronic systems in the production process of certain missiles. The systems will specifically support electronics testing on advanced military and aerospace systems.
Shipments for the order are scheduled to begin in the fourth quarter of 2025 and will be distributed over a six-month period.
Nick Grant, President and CEO of InTest, stated that the order "validates the importance of our Environmental Technologies solutions for critical applications." Grant added that the contract supports the company’s confidence in delivering quarter-over-quarter growth throughout the year.
InTest Corporation provides test and process technology solutions for various industries including semiconductor manufacturing, automotive/EV, defense/aerospace, industrial, life sciences, and safety/security markets.
The company specializes in solving thermal, mechanical, and electronic challenges for customers worldwide. InTest’s business strategy includes both organic growth and acquisitions through the addition of innovative technologies and expanded market reach.
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