FORM 10-QSB
               SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, D.C.  20549

(Mark One)

[x]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES EXCHANGE ACT OF 1934
     For the quarterly period ended November 24, 1995

                               OR

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES EXCHANGE ACT OF 1934

     For the transition period from             to          

Commission File No. 1-10655


               ENVIRONMENTAL TECTONICS CORPORATION
     (Exact name of registrant as specified in its charter)


PENNSYLVANIA                                    23-1714256       
(State or other jurisdiction       (IRS Employer Identification
of incorporation or organization)  No.)

                   COUNTY LINE INDUSTRIAL PARK
                SOUTHAMPTON, PENNSYLVANIA  18966    
            (Address of principal executive offices)
                           (Zip Code)

                         (215) 355-9100             
      (Registrant's telephone number, including area code)

     Indicate by check mark whether the registrant (l) has filed
     all reports required to be filed by Section 13 or 15(d) of
     the Securities Exchange Act of 1934 during the preceding 12
     months (or for such shorter period that the registrant was
     required to file such reports), and (2) has been subject to
     such filing requirements for at least the past 90 days.

               Yes   x                            No      


     The number of shares outstanding of the registrant's common
     stock as of January 15, 1996 is: 2,927,332
<PAGE>
               ENVIRONMENTAL TECTONICS CORPORATION
                        AND SUBSIDIARIES
                   CONSOLIDATED BALANCE SHEETS
                       ($000's, Unaudited)

<TABLE>
<CAPTION>

          ASSETS                   November 24, 1995February 24, 1995
<S>                                       <C>               <C>
Current assets:

     Cash and cash equivalents     $     236           $      66

     Cash equivalents restricted for
          letters of credit              694                 592

     Accounts receivable, net          9,552               9,631

     Costs and estimated earnings
          in excess of billings on un-
          completed long-term contracts    3,793           3,151

     Inventories                       3,443               3,144

     Prepaid expenses and other current
          assets                         263                 136 
     

Total current assets                  17,981              16,720




Property, plant, and equipment,
     at cost, net                      2,399               2,547

Software development costs, net
     of accumulated amortization of
     $2,397 at November 24 and
     $1,991 at February 24             1,556               1,488

Other assets                               3                  48


     Total assets                  $  21,939           $  20,803
                                                  
</TABLE>


         See notes to consolidated financial statements.


<PAGE>
               ENVIRONMENTAL TECTONICS CORPORATION
                        AND SUBSIDIARIES
                   CONSOLIDATED BALANCE SHEETS
                       ($000's, Unaudited)
<TABLE>
<CAPTION>

     LIABILITIES                             November 24, 1995February 24, 1995
                    
<S>                                                    <C>               <C>
Current liabilities:

     Current portion of long-term debt       $   8,222           $   2,278

     Accounts payable - trade                    1,382               1,647

     Billings in excess of costs and
          estimated earnings on 
          uncompleted long-term contracts        3,409               1,343

     Customer deposits                             753                 547

     Accrued income taxes                          343                 205

     Net arbitration award                        617                 746

     Accrued liabilities                           640                 916

          Total current liabilities             15,366               7,682

Long-term debt, less current portion
     Credit facility payable to banks
          due February 28, 1996                      -               6,739
     Other                                         289                 394
                                                   289               7,133

Deferred income taxes                              252                 252 

          Total liabilities                     15,907              15,067 
 
Commitments and Contingencies (Note 6)               -                   -     

     STOCKHOLDERS' EQUITY

Common stock - authorized 10,000,000 
     shares $.10 par value; 2,928,369
     shares issued and outstanding at
     November 24 and 2,906,980 shares issued
     and outstanding at February 24                293                 291

Capital contributed in excess of par
     value of common stock                       1,690               1,618

Retained earnings                                4,049               3,827

Total stockholders' equity                       6,032               5,736 

          Total liabilities and
             stockholders' equity            $  21,939           $  20,803 

</TABLE>
         See notes to consolidated financial statements.
<PAGE>
               ENVIRONMENTAL TECTONICS CORPORATION
                        AND SUBSIDIARIES
              CONSOLIDATED STATEMENTS OF OPERATIONS
<TABLE>
<CAPTION>
                         9 Months Ended
           ($000's, except per share data, Unaudited)


                                   November 24, 1995   November 25, 1994
<S>                                        <C>                     <C>
Net Sales                          $   11,358          $  11,319 

Cost of goods sold                      7,411              8,553 

     Gross profit                       3,947              2,766 

Operating expenses:
     Selling and administrative         2,764              2,989 
     Research and development             106                292 
                                        2,870              3,281 

     Operating income (loss)            1,077               (515)

Other expenses:
     Interest expense                     674                587 
     Letter of credit fees                 16                 24 
     Other, net                            44                 58 
                                          734                669 

     Income (loss) before income taxes       343          (1,184)


Provision (benefit) for income taxes       121              (450)
  

     Net income (loss)             $      222          $    (734)



Earnings (loss) per common share
     (primary and fully diluted)   $      .08          $    (.26)


                 See notes to consolidated financial statements.
</TABLE>
<PAGE>
                       ENVIRONMENTAL TECTONICS CORPORATION
                                AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF OPERATIONS
<TABLE>
<CAPTION>
                                 3 Months Ended
                   ($000's, except per share data, Unaudited)


                                   November 24, 1995   November 25, 1994
<S>                                        <C>                     <C>
Net Sales                          $    4,087          $   3,237 

Cost of goods sold                      2,817              1,958 

     Gross profit                       1,270              1,279 

Operating expenses:
     Selling and administrative           800                898 
     Research and development              23                 51 
                                          823                949 

     Operating income (loss)              447                330

Other expenses:
     Interest expense                     242                215 
     Letter of credit fees                  4                  5 
     Other, net                            36                 10 
                                          282                230 

     Income (loss) before income taxes       165             100


Provision (benefit) for income taxes        58                38
  

     Net income (loss)             $      107          $      62



Earnings (loss) per common share
     (primary and fully diluted)   $      .04          $     .02



                 See notes to consolidated financial statements.
</TABLE>
<PAGE>
               ENVIRONMENTAL TECTONICS CORPORATION
                        AND SUBSIDIARIES
              CONSOLIDATED STATEMENTS OF CASH FLOWS
<TABLE>
<CAPTION>
                         9 Months Ended
                       ($000's, Unaudited)

                                                  November 24, 1995November 25, 1994
<S>                                                          <C>               <C>
Increase (decrease) in cash:

Reconciliation of net income (loss) to net cash
     provided by (used in) operating 
     activities:
     
     Net income (loss)                            $      222     $       (734)
     Adjustments to reconcile net income (loss)
          to net cash used in operating activities:

          Depreciation and amortization                  696              689 
          (Increase) decrease in working capital:
               Accounts receivable                        79           (1,461)
               Costs and estimated earnings 
                    in excess of billings               (642)            (143)
               Inventories                              (299)            (477) 
               Prepaid expenses 
                    and other current assets            (127)             127
               Accounts payable                         (265)            (479)
               Billings in excess
                    of costs and estimated earnings     2,066             902
               Customer deposits                         206              375 
               Accrued liabilities and income taxes      (267)           (573) 
          Decrease in deferred income taxes             -               -    

               Net cash provided by (used in)
                    operating activities               1,669           (1,774)

Cash flows from investing activities:
     Increase in cash equivalents restricted
          for letters of credit                         (102)            (936)
     Acquisition of equipment                           (142)             (75)
     Increase in software development costs             (474)            (561)
     Decrease in other assets                             45              -  

          Net cash used in investing activities         (673)          (1,572)

Cash flows from financing activities:
     Borrowings under credit facility                    525            3,878 
     Payments under credit facility                   (1,350)            (843)
     Principal payments of capital leases
          and other long-term debt                       (75)             (37)
     Proceeds from issuance of common stock               74               88

          Net cash provided by (used in)
               financing activities                     (826)           3,086

          Net increase (decrease) in cash                170             (260)

          Cash at beginning of period                     66              260
 
          Cash at end of period                   $      236     $          - 

Supplemental schedule of cash flow information: 
     Interest paid                                $      567     $        524 
     Income taxes paid                                     -              275 

         See notes to consolidated financial statements.
</TABLE>
<PAGE>
               ENVIRONMENTAL TECTONICS CORPORATION
                        AND SUBSIDIARIES

           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                            ($000's)

1.   The information in this report reflects all adjustments
     which are, in the opinion of management, necessary to a fair
     statement of the results for the interim periods presented.

     There has been no significant change in the Company's
     effective tax rate since February 24, 1995.

2.   Under the Company's 1988 Incentive Stock Option Plan,
     500,000 shares of the Company's common stock are currently
     reserved for issuance in connection with the exercise of
     options, and options to acquire 83,150 shares are currently
     outstanding.

3.   Earnings per common share are based on net income divided by
     the number of common and common stock equivalent shares
     (shares issuable upon the exercise of stock options and
     warrants) outstanding.  Weighted average number of common
     shares and equivalents outstanding were approximately
     2,930,000 (primary) in 1995 and 2,897,000 (primary) in 1994.

4.   Inventories consist of the following:

                         November 24, 1995   February 24, 1995

     Raw Materials       $     692           $     676 
     Work in Process         2,751               2,468 
     Finished Goods           -                   -    
                         $   3,443           $   3,144 

5.   The components of accounts receivable are as follows:
<TABLE>
<CAPTION>
                                   November 24, 1995February 24, 1995
<S>                                       <C>               <C>
U. S. Government receivables 
     billed and unbilled 
     contract costs
     subject to negotiation        $   3,841           $   3,947 

U.S. receivables billed                  693               1,724 

International:       
     Receivables billed                3,739               2,681 
     Unbilled contract costs   
          subject to negotiation       1,374               1,374 
                                       9,647               9,726 
     Less allowance for doubtful
          accounts                       (95)                (95)

                                   $   9,552           $   9,631
</TABLE>

     U.S. Government receivables billed and unbilled
     contract costs subject to negotiation:

     Unbilled contract costs subject to negotiation represent
     claims made or to be made against the U.S. Government.  The
     Company has recorded claims to the extent of contract costs
     incurred. These costs have been incurred in connection with
     U.S. Government-caused delays, errors in specifications and
     designs, and other unanticipated causes and may not be
     received in full during fiscal 1996.  In accordance with
     generally accepted accounting principles, revenue recorded
     by the Company from a claim does not exceed the incurred
     contract costs related to the claim.  The Company estimates
     that the total net claims filed and to be filed approximate
     $7,300, a portion of which has been included in U.S.
     Government receivables billed and unbilled contract costs
     subject to negotiation.  Such claims are subject to
     negotiation and audit by the U.S. Government.

     International unbilled contract costs subject to
     negotiation:

     Unbilled contract costs subject to negotiation represent
     claims made or to be made against a certain foreign
     government (see Note 6).  The Company has recorded claims to
     the extent of the drawn letters of credit and called
     performance bond, which may not be recovered in full in
     fiscal 1996.  The total net claim filed includes these
     amounts, as discussed in Note 6.  Such claims are subject to
     arbitration and negotiation with the foreign government.


6.   Contingencies:

     Claims and Litigation:

     A suit was commenced against the Company in March 1988 in
     the Court of Common Pleas of Bucks County, Pennsylvania by
     an employee of a customer for an unspecified amount alleging
     negligence and strict products liability in the design,
     manufacture, distribution, and servicing of a sterilizer
     manufactured by the Company which resulted in an injury
     sustained by the plaintiff in 1986.  On June 20, 1995, the
     parties entered into a settlement agreement and judgment by
     consent.  The agreement and judgment, in which the Company
     expressly disclaims liability with respect to the underlying
     claims of the plaintiffs in the action, and which expressly
     declares that the rights of the Company's lenders under
     existing credit agreements or extensions thereof are
     superior to those of the plaintiffs, calls for the
     plaintiffs to receive a total sum of no more than $1,200, in
     the following manner: (1) funds previously deposited by the
     Company's products liability carrier with the U.S. District
     Court, together with accrued interest thereon, in a total
     amount of slightly more than $550, have been released to
     plaintiffs;  (2) the Company paid approximately $50 on July
     20, 1995;  (3) the Company will pay an additional sum of
     $100 by April 20, 1996;  (4) beginning on July 31, 1996, and
     each year thereafter, the Company will pay a total of $495
     at the rate of $55 per year over nine years, unless in any
     given year the Company cannot make such a payment because
     (a) it is or, as a result of such payment, would be in
     default of any of its obligations under its credit
     agreements with its lenders, and (b) the lenders object to
     such payment.  In the event that plaintiffs consider any
     such objection to payment to be unreasonable, they would
     have the right to petition the Bucks County Court of Common
     Pleas for a determination.  A greater payment, up to a
     maximum of $165, will be made in any year if and to the
     extent the Company can do so without being in violation of
     any of its obligations to its lenders under its credit
     agreements.  The Company's installment payment obligations
     will be discharged when the Company has paid a total of
     $495.  No interest accrues on this judgment.  At February
     24, 1995, the Company recognized this obligation as a note
     payable in the face amount of $648 (the $1,195 judgment less
     the $547 escrowed funds), less a discount of $228 based on
     an imputed interest rate of 11%.  Under the payment terms of
     the note payable, the Company does not anticipate that the
     settlement will have a material adverse effect on the
     Company's liquidity.

     In fiscal 1991, the Company entered into a contract with a
     subcontractor for the design and development of software to
     operate and control a certain large aircrew training system
     for the U.S. Government.  The contract between the Company
     and the subcontractor called for arbitration of all matters
     pertaining to the contract which were in dispute between the
     parties and could not be resolved.  In August 1993, the
     Company terminated the subcontractor for default by reason
     of its refusal to deliver its software.  The subcontractor
     refused to deliver the software due to claims for cost
     overruns under the contract.  Hearings were conducted before
     the American Arbitration Association (AAA) during the period
     of January through April, 1995.  In June 1995, the AAA
     rendered a net award to the subcontractor in the amount of
     $746.  In August 1995, the Court entered judgment on the
     award.  In October 1995, a settlement agreement for the
     payment of the judgment was reached between the Company and
     the subcontractor in the following manner:  (1) the Company
     paid $100 in October 1995; (2) the Company paid $50 on
     November 20, 1995, and will thereafter make monthly payments
     in the amount of $50 on or before the 20th of each
     succeeding month.  These payments will be made on a monthly
     basis until the entire amount of the judgment, including all
     accrued interest, has been paid.  Interest accrues at the
     rate of 6% per year, beginning on June 6, 1995, on the
     outstanding principal balance of the judgment.  In the event
     that the Company fails to make any payment,  the
     subcontractor may pursue whatever rights it may have to
     collect the unpaid balance and accrued interest.  Under the
     payment terms of the settlement, the Company does not
     anticipate a material adverse effect on the Company's
     liquidity.

     In October 1993, the Company was notified by the Royal Thai
     Air Force (RTAF) that the RTAF was terminating a certain
     $4,600 simulator contract with the Company.  Although the
     Company has performed in excess of 90% of the contract, the
     RTAF alleged a failure to completely perform.  In connection
     with this termination, the RTAF made a call on a $229
     performance bond, as well as a draw on approximately $1,100
     of advance payment letters of credit (see Note 2).  The RTAF
     has also asserted liquidated damages against the Company. 
     In October 1993, the surety made payment on the $229
     performance bond, and in the first quarter of fiscal 1995,
     it made payment on the approximately $1,100 advance payment
     letters of credit.  The Company has commenced arbitration
     with the RTAF.  In the arbitration, the Company is claiming
     that the termination was wrongful and that the Company is
     entitled to complete the work and to be paid the balance of
     the contract price, as well as to have the advance payment
     and performance bond money returned to it. The Company is
     also asserting entitlement to set off against the RTAF's
     claims for liquidated damages the Company's costs incurred
     on the bond and letters of credit called, as well as costs
     incurred in connection with RTAF-directed changes in the
     work and RTAF-caused delays and damage to the Company's
     work.  The case is pending before the Thailand Arbitration
     Board.  Management believes the Company has meritorious
     claims in excess of claims made by the RTAF, as well as
     meritorious grounds to support nonpayment of the performance
     bond and letters of credit.  The Company has also denied the
     RTAF claims and believes they are without merit. 
     Accordingly, no provision for any liability that may result
     has been made in the accompanying financial statements. 
     Management and legal counsel believe that the ultimate
     outcome of these matters will not have a material adverse
     effect on the Company's financial position or results of
     operations.

     Certain other claims, suits and complaints arising in the
     ordinary course of business have been filed or are pending
     against the Company.  In the opinion of management, after
     consultation with legal counsel, all such matters are
     reserved for or adequately covered by insurance or, if not
     so covered, are without merit or are of such kind, or
     involve such amounts, as would not have a significant effect
     on the financial position or results of operations of the
     Company if disposed of unfavorably.
<PAGE>
               ENVIRONMENTAL TECTONICS CORPORATION
                        AND SUBSIDIARIES

             MANAGEMENT'S DISCUSSION AND ANALYSIS OF
          RESULTS OF OPERATIONS AND FINANCIAL CONDITION
                        November 24, 1995

Material Changes in Financial Condition

Working capital decreased for the nine months ended November 24,
1995, from approximately $9.0 million at February 24, 1995 to
approximately $2.6 million at November 24, 1995 primarily due to
the reclassifying of the Company's credit facility (expiring
February 28, 1996) from a long-term to a short-term liability on
its balance sheet.  The change in working capital was also caused
by an increase in cash and cash equivalents restricted for
letters of credit; a $1.4 million net decrease in costs/billings
in excess primarily due to additional billings on a certain
international aircrew training systems contract during fiscal
1996; an increase in prepaid expenses due to the prepayment of
certain insurance premiums; a decrease in accounts payable; an
increase in customer deposits due to additional deposits received
on a certain international training and maintenance contract; 
and a decrease in accrued liabilities due to payment of certain
sales and use taxes accrued and payments against the net
arbitration award (see Note 6).

The Company has a revolving credit agreement with two banks,
which provides financing of up to $8.2 million.  The facility
expires by its terms on February 28, 1996.  The credit facility
permits both direct borrowing for working capital and other
corporate purposes and the issuance of letters of credit for the
Company.  At November 24, 1995, there were outstanding letters of
credit of approximately $900,000 (of which approximately $700,000
were cash collateralized pursuant to a separate letter of credit
facility at November 24, 1995) and the Company had borrowed
approximately $8.1 million (inclusive of outstanding letters of
credit of approximately $900,000) under the credit facility.  On
October 31, 1995, the credit facility was amended to defer
certain principal and interest payments from October 1995 to
November 30, 1995.  The Company was in compliance with the terms
of this amendment on November 30, 1995.  The Company currently
has no availability under the credit facility.  Such borrowings
were used to cover the difference between cash received from the
Company's customers and the Company's cash expenses - primarily
payments to suppliers and employees, acquisition of equipment,
and software development.  As and when the credit facility is
repaid from time to time, the Company expects to continue to use
this credit facility to support its working capital needs.  

In July 1995, the Company negotiated an amendment to the credit
facility, pursuant to which the maturity date of the facility was
extended to February 28, 1996, certain financial covenants were
modified, and the parties agreed to reduce, in stages, the
availability under the credit facility to $7.5 million during the
term.  The grant of the extension of the facility was based on
the Company's ability to meet its fiscal 1996 operating plan. 
This plan includes continuing its rate of collections on
outstanding accounts receivable, continued implementation of
operating cost controls, successfully procuring new contract
awards and completing performance on contracts in its backlog. 
Management believes it is probable that the Company will meet
these covenants and borrowing base requirements based on its
operating plan for fiscal 1996 and through the credit agreement
expiration date of February 28, 1996.  If the Company fails to
meet its covenant requirements it will have to obtain additional
waivers from its lenders.

The Company's sales backlog at November 24, 1995 and February 24,
1995 for work to be performed and prospective revenue to be
recognized after that date under written agreements was
approximately $19,900,000 and $12,200,000, respectively.  In
addition, the Company's backlog for training and maintenance
contracts at November 24, 1995 and February 24, 1995 for work to
be performed and prospective revenue to be recognized after that
date under written agreements was approximately $2,400,000 and
$3,500,000, respectively.
<PAGE>
Material Changes in Results of Operations

Net sales of approximately $4.1 million for the three months
ended November 24, 1995 increased in comparison to net sales of
approximately $3.2 million for the three months ended November
25, 1994.  This is primarily a result of increased revenue
recognition in the aircrew training systems segment in fiscal
1996 compared to fiscal 1995, due to increased backlog in this
segment.  There was no material change in net sales for the nine
months ended November 24, 1995 in comparison to net sales for the
nine months ended November 25, 1994.

Gross profit increased by approximately $1.2 million for the nine
months ended November 24, 1995, compared with the nine months
ended November 25, 1994, primarily due to an increase in aircrew
training system sales, which are generally sold at higher margins
than other Company products.  Though gross profit increased for
the nine months ended November 24, 1995, compared with the nine
months ended November 25, 1994, there was no material change in
gross profit for the three months ended November 24, 1995 in
comparison to gross profit for the three months ended November
25, 1994.  This is due to receipt of a contract modification of
approximately $400,000 in the third quarter of fiscal 1995 for
costs previously incurred on a certain sterilizer contract, for
which there was no corresponding gross profit recognized in the
third quarter of fiscal 1996.

Gross profit as a percentage of sales increased to 35% for the
nine months ended November 24, 1995, from 24% for the nine months
ended November 25, 1994 due to an increase in aircrew training
systems sales recognized in fiscal 1996, which generally are sold
at higher margins, as previously discussed.  Gross profit as a
percentage of sales decreased to 31% for the three months ended
November 24, 1995, compared to 40% for the three months ended
November 25, 1994, due to the receipt of a sterilizer contract
modification, as previously discussed.

Operating expenses decreased due to the implementation of
stringent cost controls in fiscal 1995, the benefits of which did
not begin to be realized until fiscal 1996.

Interest expense increased primarily due to an increase in the
interest rate charged the Company on direct borrowings, partially
offset by decreased utilization of the credit facility.

The increase in gross profit from certain products in the aircrew
training systems segment combined with the decrease in operating
expenses resulted in net income for the three-month and nine-
month periods ended November 24, 1995.  <PAGE>
Part II - Other Information

Item 1.   Legal proceedings:

          See Note 6 in Part I.

Item 6.   Exhibits and Reports on Form 8-K:

          a.   Exhibits

               Exhibit 10 - Fifth Amendment, dated as of
               October 31, 1995, to Credit Agreement, dated as of
               November 20, 1990, among Environmental Tectonics
               Corporation, The Chase Manhattan Bank, N.A., and
               Chemical Bank.

               Exhibit 11 - Schedule of Computation 
               of Earnings per Share.

               Exhibit 27 - Financial Data Schedule.

          b.   Reports on Form 8-K

               No reports on Form 8-K were filed 
               during the three months ended 
               November 24, 1995.
<PAGE>
                           SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.



                         ENVIRONMENTAL TECTONICS CORPORATION
                                   (Registrant)







                         By: /S/  William F. Mitchell       
                              William F. Mitchell
                              President, Acting Chief Financial
                              Officer and Principal Accounting
                              Officer






Date:  January 16, 1996
<PAGE>
                          EXHIBIT INDEX


Exhibit No.              Description

    10                   Fifth Amendment, dated as of October 31,
                         1995, to Credit Agreement, dated as of
                         November 20, 1990, among Environmental
                         Tectonics Corporation, The Chase
                         Manhattan Bank, N.A., and Chemical Bank.

    11                   Schedule of Computation of Earnings per
                         Share.

    27                   Financial Data Schedule.