AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

FILTRONIC PLC

Business and Financial Review Jul 11, 2022

7640_rns_2022-07-11_0b490390-a0df-4637-81e7-c346a02e52fb.html

Business and Financial Review

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 9040R

Filtronic PLC

11 July 2022

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 [email protected]
Richard Gibbs (Chief Executive Officer)
Michael Tyerman (Chief Financial Officer)
finnCap Limited Tel. 020 7220 0500
Jonny Franklin-Adams/Tim Harper (Corporate Finance)
Alice Lane/Sunila de Silva (ECM)
Walbrook PR Limited Tel. 020 7933 8780 or [email protected]
Paul Vann Mob. 07768 807 631

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAEVLFBLDLFBBZ

Talk to a Data Expert

Have a question? We'll get back to you promptly.