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Pin to quick picksFiltronic Share News (FTC)

Share Price Information for Filtronic (FTC)

London Stock Exchange
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Share Price: 94.50
Bid: 94.00
Ask: 95.00
Change: -0.50 (-0.53%)
Spread: 1.00 (1.064%)
Open: 95.00
High: 97.50
Low: 94.50
Prev. Close: 95.00
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IN BRIEF: Filtronic wins new aerospace & defence contract

Mon, 04th Jul 2022 08:44

Filtronic PLC - Leeds-based antenna maker - Wins contract with an existing aerospace & defence customer for the design and manufacture of a series of filter related developments. The company says the contract is valued at GBP400,000. It says the contract is expected to be delivered within the 2023 financial year with "a good chance of follow-on orders being received in the future for this product."

Chief Executive Officer Richard Gibbs says: "We have worked hard to develop further opportunities in the aerospace and defence market and this contract flows from the credibility we have built with this important customer."

Current stock price: 12.17 pence, up 3.6% in London on Monday

12-month-change: up 5.8%

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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