Rob Smith, Filtronic plc's CEO
Filtronic plc, which designs and manufactures microwave electronics products for the wireless telecoms infrastructure market, has announced that its Filtronic Broadband business has secured a second multi-year supply agreement with a major European defence equipment manufacturer.
The three-year agreement is for the supply of specialist high frequency transmit and receive modules for a defence related aerospace application.
It is expected that this agreement will generate revenues totalling approximately £4.8m. Production of the modules will take place at Filtronic’s certified highly automated manufacturing facility in Sedgefield, and is expected to commence next year.
The agreement also provides for additional volumes should the customer secure follow-on project wins with its end-customers.
Rob Smith, Filtronic plc's CEO said: "We are delighted to have been selected to work on this project. This is Filtronic Broadband's second major business win in the defence and aerospace sector and along with other smaller contracts, demonstrates our commitment to diversify the customer base and markets we serve, to become a major supplier of advanced communications components and sub-systems to this and other adjacent markets."