19 Dec 2023 07:00
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19 December 2023
Filtronic plc
("Filtronic")
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New Contract Award
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Filtronic wins £4.5 million RF Module Project with new UK Defence Customer
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Filtronic plc (AIM: FTC), the designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure and space markets, is pleased to announce a new contract win for the development and manufacture of advanced RF electronic modules for a major UK Defence prime.
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The £4.5m contract win includes a product qualification phase starting in January 2024, with the delivery of final production units scheduled over 12 months starting Q4 CY2024.
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Filtronic is an established supplier of advanced microwave filter and RF solutions to the defence market and has a proven track record of delivering high-reliability RF components, hybrids, multichip modules and sub-systems for demanding aerospace and defence applications.
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Richard Gibbs, Chief Executive Officer, commented:Â "We have been working closely with the new customer over several years and this contract win represents a successful collaboration between the MoD, the customer, Filtronic and PRFI, a leading UK-based technical design consultancy providing monolithic microwave integrated circuits services. It is yet another example of Filtronic's ability to support the UK Defence Industry with a sovereign supply chain for advanced semiconductor packaging solutions that are optimised for both thermal and radio frequency (RF) performance".
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Enquiries:
Filtronic plc | Tel. 01740 618800 or investor.relations@filtronic.com |
Richard Gibbs (Chief Executive Officer) | Â |
Michael Tyerman (Chief Financial Officer) | Â |
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Cavendish Capital Markets Limited | Tel. 020 7220 0500 |
Jonny Franklin-Adams/George Dollemore (Corporate Finance) | |
Sunila de Silva (ECM) | |
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Walbrook PR Limited | Tel. 020 7933 8780 or filtronic@walbrookpr.com |
Paul Vann Joe Walker | Mob. 07768 807 631 |
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Note: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.
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