Filtronic PLC, a company specializing in aerospace, defense, telecoms infrastructure, and low earth orbit space markets, has announced a significant contract win with QinetiQ, a global defense and security company. The contract, valued at £2.0m, involves the development of a radio-frequency ("RF") subsystem for a range radar solution that can be deployed as a vehicle-mounted land system or a helicopter-mounted mobile solution. The revenue from this contract is expected to be recognized over the next two years.
The RF subsystem design will leverage Filtronic's expertise in complex RF filters, assembly, tuning, and the manufacture and test of highly integrated RF transmit and receive modules. Richard Gibbs, the Chief Executive Officer of Filtronic, expressed delight at being selected as the preferred partner for this project, emphasizing the strategic importance of winning the contract with QinetiQ. He highlighted the significance of adding a multinational, world-class defense technology company to their customer register and expanding their customer base. Filtronic looks forward to collaborating with QinetiQ to develop the product, deliver the final solution, and further strengthen the relationship.
For further information, interested parties can contact Filtronic plc at 01740 618800 or via email at [email protected]. Additionally, Cavendish Capital Markets Limited and Walbrook PR Limited can be contacted for inquiries related to this announcement.