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Contract Wins and Joint Ventures

Filtronic wins orders worth $24.2m

05 May 2016 07:35

Filtronic has received further substantial production orders for its new range of integrated antennas from a major European OEM. The orders are valued at approximately US$24.2 million and are follow-ons to the previously announced orders totalling US$13.8 million.

The company expects that the new orders will be fulfilled in the financial year ending 31 May 2017. These orders are, in part, being placed to put inventory into our customer's sales channel and therefore may not represent normal demand levels.

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