Filtronic Regulatory News (FTC)

6 July 2020

Filtronic plc

(the "Company" or "Filtronic")

CONTRACT WIN

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the critical communications, wireless telecoms and defence & aerospace markets, is pleased to announce a significant contract win from its lead defence and aerospace customer for the supply of high performance Transmit-Receive Modules (TRM's) for airborne applications.

The order, valued at £4.9 million, is for the supply of these modules over a two-year period and delivery is expected to commence in August 2020. This order is a follow-on contract to the supply contract signed in 2017, which concluded in June 2020 but is for a new end-client of our customer. These modules will be manufactured at our highly automated state-of-the-art hybrid microelectronics manufacturing operation in Sedgefield, County Durham.

Reg Gott, Executive Chairman, commented: We are delighted to have received this significant new order as it also underlines our customer's confidence in our ability to deliver this new and challenging programme. As identified in our Trading Update issued on the 30th June, we recently placed a number of manufacturing staff on furlough as a consequence of certain order confirmation delays, so we are very happy indeed that confirmation of this order will enable us to welcome some of these colleagues back to the business.

Enquiries:

Notes:

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.