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ETC’ 293% boost in gov’t sales boosts 2Q

A 293 percent increase in U.S. government sales was one of the reasons cited for Environmental Tectonics Corp.'s second-quarter 2011 results showing an increase in net income.

A 293 percent increase in U.S. government sales was one of the reasons cited for Environmental Tectonics Corp.'s second-quarter 2011 results showing an increase in net income.

The Southampton maker of flight and driving simulators and other devices said government contracts in the quarter ended Aug. 27 were $6.59 million, compared with $1.68 million in the comparable 2010 quarter.

Total sales were $13.24 million, compared with $9.86 million.

Net income was $1.67 million (8 cents a share), over $1.25 million (6 cents a share) in the comparable period.    - Roslyn Rudolph