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InTest Corporation Receives $2.6 Million Defense Industry Order

1. InTest Corporation received a $2.6 million order from a defense contractor. 2. The order involves multiple thermal test systems for key markets.

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Why Bullish?

Receiving a significant order from a defense contractor indicates strong current demand and future revenue potential. Historical patterns show similar contracts with defense companies have positively impacted INTT's stock performance.

How important is it?

The size of the order and its source indicate strong market positioning for INTT, likely influencing investor sentiment positively. The defense sector's stability further enhances the order's potential impact on INTT's future performance.

Why Short Term?

The immediate financial benefits from the $2.6 million order are expected to reflect in upcoming quarterly reports. Similar contracts have led to short-term price surges for INTT.

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LMTBARTX
MT. LAUREL, N.J.--(BUSINESS WIRE)--InTest Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include semiconductor (“semi”), automotive/EV, defense/aerospace, industrial, life sciences, and safety/security, announced today that it was awarded a $2.6 million order by a prime defense contractor. The order is for multiple thermal test systems which are designed and manufactured by.

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