Filtronic secures £800,000 radar system contract

Filtronic plc has secured an £800,000 contract to supply high-performance modules for Leonardo’s airborne radar systems.

The AIM-listed company, which designs and manufactures products for aerospace, defence, space and telecoms markets, will provide critical components for Leonardo’s Active Electronically Scanned Array (AESA) radar technology.

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The modules will be manufactured at Filtronic’s automated hybrid microelectronics facility in Sedgefield, County Durham, with delivery expected in the second half of the next financial year.

The contract expands Filtronic’s existing product range supplied to Leonardo, its lead defence customer.

“We are pleased to be able to extend our relationship with such a valued customer which reflects their continued confidence in our ability to deliver this new and challenging programme. Defence is a critical market for the execution of our growth plans and this ongoing long-term relationship with Leonardo is testament to Filtronic’s strong track record of collaboration and successful project delivery with a respected defence prime,” Nat Edington, Chief Executive Officer.

Today’s contract win follows a series of wins from SpaceX and a new deal with Airbus.

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With Filtronic shares trading near all time highs, there was little market reaction on Thursday.

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