11 July 2022
Filtronic plc
("Filtronic")
NEW UK 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 a UK defence customer for the design, manufacture and delivery of a modular, programmable reference system for testing RF equipment.
The new contract, valued at £0.5m, is for a system, designed to be compatible for land, sea and airborne platforms, which will enable it to be used for both outdoor field trials and static laboratory-based testing. This is the second contract award we have received from this defence customer, following the award of the battlefield communications contract to Filtronic in January 2021, and is expected to be delivered within FY2023.
Richard Gibbs, Chief Executive Officer, commented: "Having proven our expertise and capability on our initial contract win to this customer, I am delighted we have been awarded another contract, for a different system, through a framework we have been actively targeting. Electronic warfare and the defence market is key to our growth plans, where our technology is highly relevant and valued."
Enquiries:
Filtronic plc |
Tel. 01740 618800 or investor.relations@filtronic.com |
Richard Gibbs (Chief Executive Officer) |
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Michael Tyerman (Chief Financial Officer) |
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finnCap Limited |
Tel. 020 7220 0500 |
Jonny Franklin-Adams/Tim Harper (Corporate Finance) |
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Alice Lane/Sunila de Silva (ECM) |
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Walbrook PR Limited |
Tel. 020 7933 8780 or filtronic@walbrookpr.com |
Paul Vann |
Mob. 07768 807 631 |