REG - Filtronic PLC - New £4.5 million Contract Award

FiltronicAnnouncement

19/12/2023 07:00

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RNS Number : 2776X  Filtronic PLC  19 December 2023

 

 

 

19 December 2023

Filtronic plc

("Filtronic")

 

New Contract Award

 

Filtronic wins £4.5 million RF Module Project with new UK Defence Customer

 

 

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.

 

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.

 

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.

 

Richard Gibbs, Chief Executive Officer, commented: "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".

 

 

Enquiries:

 Filtronic plc                                              Tel. 01740 618800 or investor.relations@filtronic.com
                                                            (mailto:investor.relations@filtronic.com)
 Richard Gibbs (Chief Executive Officer)
 Michael Tyerman (Chief Financial Officer)

 Cavendish Capital Markets Limited                          Tel. 020 7220 0500
 Jonny Franklin-Adams/George Dollemore (Corporate Finance)
 Sunila de Silva (ECM)

 Walbrook PR Limited                                        Tel. 020 7933 8780 or filtronic@walbrookpr.com
                                                            (mailto:filtronic@walbrookpr.com)
 Paul Vann                                                  Mob. 07768 807 631

 Joe Walker

 

Note: This announcement contains inside information which is disclosed in
accordance with the Market Abuse Regulation.

 

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