tiprankstipranks
Advertisement
Advertisement

M-Tron Industries awarded $2.7M production contract from DOD contractor

M-Tron Industries (MPTI)announced an order for approximately $2.7M from one of the rising U.S. Department of Defense contractors in support of a major C-UAS radar program. The order consists of several products, including high performance, oven-controlled crystal oscillators. We are pleased to secure this $2.7M contract, which reflects both the strength of our new product offering and the growing demand we’re seeing across our target markets,” said Cameron Pforr, M-Tron Chief Executive Officer. “This win not only adds meaningful visibility to our near-term revenue, but also reinforces the trust customers are placing in our ability to deliver high-quality, reliable solutions. Radar applications are an area in which we are seeing explosive growth as we help address the changing needs of the joint forces on the modern battlefield.” Work under this contract will take place in Orlando, Florida through mid-2027.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1