Filtronic plc has entered into a multi-year supply agreement with a major European defense contractor. The contract will allow Filtronic to provide state of the art microwave modules for use in aerospace radar systems.

With this intention, the agreement will allow Filtronic to manufacture and test the modules at its advanced center in Sedgefield, UK.

The contract has an anticipated potential value of £3.0 million to £5.7 million. However, the final volumes delivered over the duration of the contract will determine this figure.

Filtronic is a leading designer and manufacturer of a range of customised RF, microwave and millimeter wave components and subsystems. Additionally, wireless communication equipment, point-to-point communication systems and adjacent security sectors use the company’s products.

CEO Rob Smith commented:

“We are delighted to have been selected as a supplier of these modules to this prestigious customer. We have worked hard to develop opportunities in the defense and aerospace market and this contract flows from the successful ramp of our other defense contracts. This further underwrites our growing credibility in this important market.”

That said, the company has mentioned that the agreement is subject to a production process qualification.

At 11:16 GMT today, shares in Filtronic plc (LON:FTC) were trading at +11.08%.