Filtronic secures $3 million follow-on contract
Filtronic has secured a $3 million follow-on contract with its undisclosed US-based customer in the satellite communications sector. The award supports the next phase of an ongoing development programme and is in addition to the $8 million contract announced in March this year.
The latest contract will support the procurement of critical long lead-time components, helping to manage supply chain risks and maintain development and delivery schedules as the programme progresses towards pre-production.
The award marks another positive step in the programme’s development, reflecting the continued collaboration between Filtronic and its customer as they work towards the next phase of the project.
Nat Edington, Chief Executive Officer, commented:
“Securing this follow-on contract with the customer reflects the strength of our growing relationship with them and their continued confidence in Filtronic’s technical expertise and delivery capabilities. The commitment to secure long lead-time components to support the pre-production phase of the programme is another important step for the relationship.”