TechPrecision Wins $1.0 Million Defense Order for Precision Fabricated Components

TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision", or "the Company"), a leading manufacturer of large-scale, high-precision machined metal fabrications with customers in the alternative energy, medical, nuclear, defense, aerospace and other commercial industries, today announced that it has received a $1.0 million defense contract order from a long-time customer for precision fabricated and machined components that requires the NAVSEA certification.

The order is expected to commence production in first quarter of calendar 2011.

"This latest win validates the continuing success of efforts to focus on customer opportunities that present significant potential for long-term production programs and profitable growth in the key defense industries," said Mr. James Molinaro, Chief Executive Officer of TechPrecision Corporation. "Our Ranor subsidiary is NAVSEA certified, which was an essential component of this contract win. It demonstrates that we are qualified in delivering large-scale projects with tight tolerance levels that meet the Navy's strict reliability requirements with the ability to engineer requisite tooling and entire manufacturing processes within a production facility that is supported by a highly skilled work force."