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M-tron Industries, Inc. Awarded $20 Million Production Contract for a Major U.S Defense Program

MPTI
  • M-tron Industries (NYSE American: MPTI) secured a $20 million contract from a top U.S. Department of Defense prime contractor.
  • The order supports a major air defense program & includes rugged lumped element RF filters & precision clock oscillators.
  • This agreement represents a two-year term, doubling the duration of previous twelve-month contracts for this program.
  • The air defense system serves the U.S. & allied nations & is projected to remain in production past 2030.
  • Work under the contract will occur in Orlando, Florida, through mid-2028.
  • Mtron supplies critical components for various defense sectors including precision guided munitions, radar, electronic warfare, drones, & satellite platforms.
  • The company maintains facilities in Orlando, Florida; Yankton, South Dakota; Noida, India; & a sales office in Hong Kong.