Filtronic plc has secured a significant boost to its defence order book after receiving an authorisation to proceed worth around £7 million from a major European defence customer.
The AIM-listed designer and manufacturer of advanced RF solutions said the ATP relates to the supply of high-performance active components for the next phase of a long-standing electronic sensor programme supporting a major defence project.
The authorisation allows the Sedgefield-headquartered company to begin work immediately, ahead of the formal conversion to purchase orders, which is expected to take place in the first quarter of 2026.
The total value of the two-year programme is anticipated to reach approximately £11m.
Production will be carried out at Filtronic’s new secure and highly automated microelectronics facility, which has been developed to support efficient, high-volume manufacture of complex RF modules for mission-critical defence applications.
Chief executive Nat Edington said: “This latest win deepens our engagement with a key European defence customer and strengthens Filtronic’s position in the defence sector, a growing market for the group.
“As we invest in capability and capacity, Filtronic is increasingly well positioned to support long-term demand for advanced RF solutions in the defence market.”
With more than 45 years of experience, the company’s technology is trusted across demanding, high-performance sectors including space, aerospace, defence, telecoms infrastructure and critical communications.
The business develops core intellectual property building blocks and transforms them into highly customised solutions for high-growth markets, looking to enable seamless data transmission with greater bandwidth, lower latency and enhanced connectivity.
Its shares have risen by just under 3% to 146.89p so far this morning and it has a market cap of £324.35m.