FTC Filtronic Plc

TIDMFTC

RNS Number : 3208L

Filtronic PLC

12 January 2021

12 January 2021

Filtronic plc

("Filtronic")

NEW UK DEFENCE CONTRACT WIN

&

NOTICE OF RESULTS

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the critical communications, wireless telecom and aerospace & defence markets, is pleased to announce a significant contract win from a new major UK defence customer for the supply of battlefield radio communications hardware valued at over GBP1 million.

The contract is for the design and supply of field units over a 12-month period with final product delivery expected to commence in the second half of CY2021. It will enable Filtronic to demonstrate the ability to provide turnkey Radio Frequency ("RF") communication solutions for critical defence programmes. Filtronic will develop and validate a prototype solution which will then transition into low volume manufacturing.

Richard Gibbs, CEO, commented: "We are delighted to have secured this significant new order as it underlines the customer's confidence in our ability to deliver this type of challenging and complex programme. With our deep understanding of RF communication and our in-house design and manufacturing facility, it is pleasing to start the calendar year with a contract win for both a new product and new customer. Filtronic is well positioned to win further UK defence contracts."

Filtronic will announce its half-year results for the six months ended 30 November 2020 on 2 February 2021.

Enquiries:

 
 Filtronic plc                      Tel. 0113 220 0000 or investor.relations@filtronic.com 
 Richard Gibbs (Chief Executive 
  Officer) 
 Michael Tyerman (Chief Financial 
  Officer) 
 
 finnCap Limited                    Tel. 020 7220 0500 
 Jonny Franklin-Adams / Kate Washington (Corporate Finance) 
 Alice Lane / Sunila de Silva 
  (ECM) 
 
 Walbrook PR Limited                Tel. 020 7933 8780 or filtronic@walbrookpr.com 
 Paul Vann/Nick Rome                Mob. 07866 394 707 
 

Notes:

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END

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