April 29, 2010 (FinancialWire) — National Technical Systems, Inc. (NASDAQ: NTSC ), a provider of engineering services, said that it has sold 86.44 acres of mostly undeveloped land in Fredericksburg, Virginia for $3.4 million.

According to National Technical, the purchase price, net of closing costs and fees, included cash of $2.3 million and $1 million in seller financing. The transaction closed on April 22.

The seller of the Fredericksburg property was Approved Engineering Test Laboratories, Inc., a wholly-owned subsidiary of NTS.

California-based National Technical Systems provides engineering and testing services to the defense, aerospace, telecommunications, automotive and high technology markets.

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