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Pin to quick picksFiltronic Share News (FTC)

Share Price Information for Filtronic (FTC)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 112.50
Bid: 112.00
Ask: 113.00
Change: 2.00 (1.82%)
Spread: 1.00 (0.893%)
Open: 109.00
High: 112.00
Low: 110.00
Prev. Close: 110.00
FTC Live PriceLast checked at -

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IN BRIEF: Filtronic inks USD800,000 for power amplifier modules

Mon, 03rd Apr 2023 12:25

Filtronic PLC - Leeds-based antenna maker - Signs new contract with an unnamed "provider of low latency private networks." The contract is valued at USD800,000, with revenue expected to be recognised in financial 2024. Under the agreement, Filtronic are required to design, develop and manufacture "high-performance" power amplifier modules for incorporation into next generation point-to-point microwave radios.

Chief Executive Officer Richard Gibbs says: "We are delighted to secure the first significant order with this customer, having successfully completed a smaller development with them in the last calendar year. We look forward to working with the customer on this project and building on the relationship".

Current stock price: 12.17 pence each, up 2.4% on Monday afternoon in London

12-month change: up 8.1%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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15 Jan 2024 10:59

IN BRIEF: Filtronic inks deal with Qinetiq for RF subsystem

Filtronic PLC - Sedgefield, England-based designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space, and critical communications markets - Inks new contract with Qinetiq Group PLC, a global defence and security company. Says that phase one of the contract is valued at GBP2.0 million, with revenue expected to be recognised over the next two years. It is for the development of a radio-frequency subsystem to be installed into a range radar solution, which can then be deployed either as a vehicle mounted land system or a helicopter mounted mobile solution.

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20 Dec 2023 13:38

Filtronic announces significant contract win

(Sharecast News) - Aerospace, defence and telecoms infrastructure company and space-related products specialist Filtronic announced a significant contract win on Wednesday.

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20 Dec 2023 11:57

IN BRIEF: Filtronic shares rise on new USD6 million contract

Filtronic PLC - Sedgefield, England-based designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space, and critical communications markets - Wins new contract worth USD6.0 million, or GBP4.8 million, with "a leading global provider of low earth orbit" satellite communications equipment". Filtronic will deliver production volumes of its second generation Cerus32 solid state power amplifier module. Customer will install the modules in selected ground station locations as part of its earth station antenna deployment.

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19 Dec 2023 10:13

Filtronic shares up on GBP4.5 million contract win

(Alliance News) - Filtronic PLC on Tuesday said it has won a new contract for the development and manufacture of advanced RF electronic modules for a "major UK defence prime."

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19 Dec 2023 09:25

Filtronic secures £4.5m contract with 'major UK Defence prime'

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