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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Filtronic Plc | LSE:FTC | London | Ordinary Share | GB0003362992 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.50 | -1.05% | 47.00 | 46.00 | 48.00 | 48.00 | 47.00 | 48.00 | 189,880 | 08:09:59 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electronic Components, Nec | 16.46M | 464k | 0.0022 | 213.64 | 101.2M |
TIDMFTC
Filtronic PLC
04 July 2022
4 July 2022
Filtronic plc
NEW AEROSPACE & 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 an existing aerospace & defence customer for the design and manufacture of a series of filter related developments .
The new contract, valued at GBP0.4m, is a prototype order after a long development cycle and utilises the know-how and expertise in complex microwave switched filter bank technology. The order is expected to be delivered within FY2023 with a good chance of follow-on orders being received in the future for this product.
Richard Gibbs, Chief Executive Officer, commented: "We are delighted to have been selected as the supplier of these switched filter bank products. We have worked hard to develop further opportunities in the aerospace and defence market and this contract flows from the credibility we have built with this important customer."
Enquiries:
Filtronic plc Tel. 01740 618800 or investor.relations@filtronic.com 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 filtronic@walbrookpr.com Paul Vann Mob. 07768 807 631
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END
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(END) Dow Jones Newswires
July 04, 2022 02:00 ET (06:00 GMT)
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