FTC Filtronic Plc

TIDMFTC

RNS Number : 2776X

Filtronic PLC

19 December 2023

19 December 2023

Filtronic plc

("Filtronic")

New Contract Award

Filtronic wins GBP4.5 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 GBP4.5m 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 
 Richard Gibbs (Chief Executive 
  Officer) 
 Michael Tyerman (Chief Financial 
  Officer) 
 
 Cavendish Capital Markets          Tel. 020 7220 0500 
  Limited 
 Jonny Franklin-Adams/George Dollemore (Corporate Finance) 
 Sunila de Silva (ECM) 
 
 Walbrook PR Limited                Tel. 020 7933 8780 or 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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END

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December 19, 2023 02:00 ET (07:00 GMT)

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