REG - Filtronic PLC - New contract with defence prime Leonardo

FiltronicAnnouncement

29/05/2025 07:00

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RNS Number : 5040K  Filtronic PLC  29 May 2025

29 May 2025

Filtronic plc

("Filtronic" or "the Company")

 

Contract Win

Filtronic wins new contract with defence prime Leonardo

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the
aerospace, defence, space and telecoms infrastructure markets, is pleased to
announce a new contract win to supply high-performance modules for an airborne
radar application with its lead defence customer, Leonardo.

 

The new order, valued at £0.8 million, expands the product offering of
critical components supplied for Leonardo's state-of-the-art Active
Electronically Scanned Array ("AESA") radar system. It is anticipated the
order will be fulfilled in H2 of the next financial year and the modules will
be manufactured at the Company's new highly automated state-of-the-art hybrid
microelectronics manufacturing operation in Sedgefield, County Durham.

 

Nat Edington, Chief Executive Officer, said: "We are pleased to be able to
extend our relationship with such a valued customer which reflects their
continued confidence in our ability to deliver this new and challenging
programme. Defence is a critical market for the execution of our growth plans
and this ongoing long-term relationship with Leonardo is testament to
Filtronic's strong track record of collaboration and successful project
delivery with a respected defence prime."

 

Enquiries:

 

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

 Cavendish Capital Markets Limited                             Tel. 020 7220 0500
 Jonny Franklin-Adams, Isaac Hooper, Trisyia Jamaludin (Corporate Finance)
 Sunila de Silva, Ondraya Swanson (Corporate Broking)

 Alma Strategic Communications                                 Tel. 020 3405 0205 or
 Caroline Forde, Hannah Campbell, Rose Docherty                filtronic@almastrategic.com (mailto:filtronic@almastrategic.com)

 

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

 

About Filtronic:

 

Filtronic is at the leading edge of advanced microelectronics globally,
specialising in the design and manufacture of mission-critical communication
networks. Operating from two global manufacturing sites and three engineering
centres of excellence, the company delivers solutions that span the full RF
spectrum. An extensive patent portfolio highlights Filtronic's ongoing drive
for innovation and technological leadership.

 

With a track record of over 45 years', Filtronic's technology is trusted
across high-performance sectors including space, aerospace, defence, telecoms
infrastructure and critical communications. The company develops core IP
building blocks and transforms them into highly customised solutions for
high-growth target markets. Filtronic's expertise enables seamless data
transmission, delivering greater bandwidth, lower latency and enhanced
connectivity.

 

Filtronic has successfully coupled this engineering expertise with investment
in state-of-the-art production equipment that enables the rapid transition of
a turn-key solution from product development to full scale, high-quality
manufacturing, at volume. The strategic markets of LEO space, aerospace and
defence are the focus of current product development programmes, where
Filtronic can add significant value, realise long term sustainable margins and
deliver shareholder value.

 

Headquartered in Sedgefield, UK, Filtronic is listed on the AIM market of the
London Stock Exchange.

 

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