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Wednesday, October 31, 2007
The Business Review

Air Force buys $456K in equipment from MTI

MTI Instruments Inc. has sold another $456,000 in portable aircraft engine balancing systems to the U.S. Air Force.

This eight-unit purchase is the Air Force's second order from the Albany , N.Y. , company. In August, it bought $1.14 million worth of the same system, known as the PBS-4100Plus.

The Air Force has the option of purchasing another 12 units, which would cost $684,000, over the next three years. This would bring its total purchase from MTI to $2.3 million.

PBS-4100Plus units are used to automatically collect and record aircraft engine vibration data, identify vibration or balance trouble and calculate a solution to the problem. This results in reduced engine vibration, longer engine life and lower fuel costs.

MTI Instruments is a subsidiary of Mechanical Technology Inc. (Nasdaq: MKTY) of Albany .
 

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