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Aerospace & Defence Contract Win

4 Jul 2022 07:00

RNS Number : 1162R
Filtronic PLC
04 July 2022
 

 

4 July 2022

Filtronic plc

 

NEW AEROSPACE & DEFENCE CONTRACT WIN

 

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, telecoms infrastructure and critical communications markets, is pleased to announce the award of a new contract win with an existing aerospace & defence customer for the design and manufacture of a series of filter related developments.

 

The new contract, valued at £0.4m, is a prototype order after a long development cycle and utilises the know-how and expertise in complex microwave switched filter bank technology. The order is expected to be delivered within FY2023 with a good chance of follow-on orders being received in the future for this product.

 

Richard Gibbs, Chief Executive Officer, commented: "We are delighted to have been selected as the supplier of these switched filter bank products. 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."

 

 

Enquiries:

Filtronic plc

Tel. 01740 618800 or investor.relations@filtronic.com

Richard Gibbs (Chief Executive Officer)

 

Michael Tyerman (Chief Financial Officer)

 

 

finnCap Limited

Tel. 020 7220 0500

Jonny Franklin-Adams/Tim Harper (Corporate Finance)

Alice Lane / Sunila de Silva (ECM)

 

 

Walbrook PR Limited

Tel. 020 7933 8780 or filtronic@walbrookpr.com

Paul Vann

Mob. 07768 807 631

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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