New contract with defence prime Leonardo
29 May 2025
Filtronic plc
("Filtronic" or "the Company")
Contract Win
Filtronic wins new contract with defence prime Leonardo
Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, space and telecoms infrastructure markets, is pleased to announce a new contract win to supply high-performance modules for an airborne radar application with its lead defence customer, Leonardo.
The new order, valued at £0.8 million, expands the product offering of critical components supplied for Leonardo's state-of-the-art Active Electronically Scanned Array ("AESA") radar system. It is anticipated the order will be fulfilled in H2 of the next financial year and the modules will be manufactured at the Company's new highly automated state-of-the-art hybrid microelectronics manufacturing operation in Sedgefield, County Durham.
Nat Edington, Chief Executive Officer, said: "We are pleased to be able to extend our relationship with such a valued customer which reflects their continued confidence in our ability to deliver this new and challenging programme. Defence is a critical market for the execution of our growth plans and this ongoing long-term relationship with Leonardo is testament to Filtronic's strong track record of collaboration and successful project delivery with a respected defence prime."
Enquiries:
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Filtronic plc |
Tel. 01740 618800 or investor.relations@filtronic.com |
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Nat Edington (Chief Executive Officer) |
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Michael Tyerman (Chief Financial Officer) |
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Cavendish Capital Markets Limited |
Tel. 020 7220 0500 |
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Jonny Franklin-Adams, Isaac Hooper, Trisyia Jamaludin (Corporate Finance) |
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Sunila de Silva, Ondraya Swanson (Corporate Broking) |
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Alma Strategic Communications |
Tel. 020 3405 0205 or |
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Caroline Forde, Hannah Campbell, Rose Docherty |
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Note: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.
About Filtronic:
Filtronic is at the leading edge of advanced microelectronics globally, specialising in the design and manufacture of mission-critical communication networks. Operating from two global manufacturing sites and three engineering centres of excellence, the company delivers solutions that span the full RF spectrum. An extensive patent portfolio highlights Filtronic's ongoing drive for innovation and technological leadership.
With a track record of over 45 years', Filtronic's technology is trusted across high-performance sectors including space, aerospace, defence, telecoms infrastructure and critical communications. The company develops core IP building blocks and transforms them into highly customised solutions for high-growth target markets. Filtronic's expertise enables seamless data transmission, delivering greater bandwidth, lower latency and enhanced connectivity.
Filtronic has successfully coupled this engineering expertise with investment in state-of-the-art production equipment that enables the rapid transition of a turn-key solution from product development to full scale, high-quality manufacturing, at volume. The strategic markets of LEO space, aerospace and defence are the focus of current product development programmes, where Filtronic can add significant value, realise long term sustainable margins and deliver shareholder value.
Headquartered in Sedgefield, UK, Filtronic is listed on the AIM market of the London Stock Exchange.
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