Filtronic lands £4.9 million contract for defence and aerospace sector
The AIM-listed designer and manufacturer of products for the critical communications, wireless telecoms and defence & aerospace markets, said the order, is valued at £4.9 million.
The deal is for the supply of these modules over a two-year period and delivery is expected to commence in August 2020. This order is a follow-on contract to the supply contract signed in 2017, which concluded in June 2020 but is for a new end-client of the customer. These modules will be manufactured at its highly automated state-of-the-art hybrid microelectronics manufacturing operation in Sedgefield, County Durham.
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Hide AdReg Gott, Executive Chairman, commented: We are delighted to have received this significant new order as it also underlines our customer's confidence in our ability to deliver this new and challenging programme.
"As identified in our Trading Update issued on the 30th June, we recently placed a number of manufacturing staff on furlough as a consequence of certain order confirmation delays, so we are very happy indeed that confirmation of this order will enable us to welcome some of these colleagues back to the business.
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