MtronPTI Awarded over $10 Million Production Contract for a Major U.S. Defense Program
06 Januar 2025 - 10:30PM
Business Wire
M-tron Industries, Inc. (NYSE American: MPTI) (“MtronPTI”), a
leading supplier of highly-engineered electronic components and
solutions used to control the frequency or timing of signals in
electronic circuits, today announced a year-end order for more than
$10 million from a top U.S. Department of Defense prime contractor
in support of a major air defense program. The order consists of
several products, including high performance, rugged lumped element
radio frequency filters and precision clock oscillators.
The program is a major part of the air defense system of the
United States as well as numerous ally nations and is anticipated
to be in production past 2029. This contract highlights MtronPTI’s
continued leadership in precision RF components and solutions
focused on performance under extreme conditions. MtronPTI supplies
numerous U.S. and allied defense programs including precision
guided munitions, radars, electronic warfare systems, airframes,
drones and autonomous vehicles, and space and satellite
platforms.
“This award is a testament to MtronPTI’s ability to design and
produce in high volume, superior custom products that meet the
demanding needs of our customers,” said Michael Ferrantino, CEO of
MtronPTI. “We are proud to be part of this program and the security
of our nation.”
Work under this contract will take place in Orlando, Florida
through mid-2026.
About MtronPTI
M-tron Industries, Inc. (NYSE American: MPTI) was originally
founded in 1965 and designs, manufactures and markets highly
engineered, high reliability frequency and spectrum control
products and solutions. As an engineering-centric company, MtronPTI
provides close support to its customers throughout our products’
entire life cycle, including product design, prototyping,
production and subsequent product upgrades. MtronPTI has design and
manufacturing facilities in Orlando, Florida and Yankton, South
Dakota, a sales office in Hong Kong, and a manufacturing facility
in Noida, India. For more information, visit www.mtronpti.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20250106674730/en/
M-tron Industries, Inc. Investor Relations: Cameron Pforr
Chief Financial Officer ir@mtronpti.com
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