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Contract Wins and Joint Ventures

Filtronic wins £4.8m supply agreement

14 August 2017 07:33

Filtronic's broadband business has secured a second multi-year supply agreement with a major European defence equipment manufacturer for the supply of specialist high frequency transmit and receive modules for a defence related aerospace application.

The three-year agreement is expected to generate revenues totalling approximately £4.8 million.

Production of the modules will take place at the group's certified highly automated manufacturing facility in Sedgefield and is expected to commence in H1 FY2018.

The agreement provides for additional volumes should the customer secure follow-on project wins with its end-customers. Story provided by StockMarketWire.com

Related Company: FTC

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