CatalystWireBeta

Contract win with QinetiQ for Defence Radar

In brief · summary, not quotable

No summary for this filing – the full text is below.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your FTC notes

Filtronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, telecoms infrastructure and low earth orbit space markets, is pleased to announce a new contract win with QinetiQ, a global defence and security company.

Phase 1 of the contract, valued at £2.0m, with revenue expected to be recognised over the next two years, is for the development of a radio-frequency ("RF") subsystem to be installed into a range radar solution that can be deployed either as a vehicle mounted land system or a helicopter mounted mobile solution.

The proposed RF subsystem design will draw upon Filtronic's established expertise in the design, assembly and tuning of complex RF filters together with the manufacture and test of highly integrated RF transmit and receive modules.

Richard Gibbs, Chief Executive Officer, commented: "We are delighted to be selected as the preferred partner on this project to provide an RF subsystem for the upgrade of an established range radar system. Winning this contract with a multinational, world-class defence technology company such as QinetiQ, is an important strategic development as we add a target client to our customer register and broaden the customer base. We look forward to working with our new customer to develop the product, deliver the final solution and build further on the relationship".

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note