AEL <AELNA> SEES 15 PCT SALES HIKE THIS YEAR
AEL Industires Inc, a major
supplier of defense electronic systems, said it projects a 15
pct hike in sales for the fiscal year ended Feb 27, 1988, based
on its current backlog of 169 mln dlrs and new contracts
awarded in the first quarter.
    For the year ended Feb 27, 1987, AEL reported net income of
3,321,000, or 74 cts a share, including an aftertax charge of
818,000, on revenues of 108 mln dlrs.
 Reuter
