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Mtron Receives $4 Million Follow-On Award on Major U.S. Defense Production Contract
Prnewswire· 2026-02-12 13:55
Core Insights - Mtron has received a follow-on order worth $4 million, increasing the total value of a two-year production contract to nearly $24 million, which supports a major U.S. air defense program [1] - The contract expansion includes higher annual unit volumes, additional RF products, and a commitment to production for two years, as opposed to the previous twelve-month purchase cycles [1] - The air defense program is a significant component of U.S. defense systems and is expected to continue production beyond 2030 [1] Company Overview - Mtron is a leading provider of high-performance RF components and solutions, with a focus on precision RF components designed for extreme conditions [1] - The company supplies various U.S. and allied defense programs, including precision-guided munitions, communications, radar, electronic warfare systems, airframes, drones, autonomous vehicles, and space platforms [1] - Mtron operates design and manufacturing facilities in Orlando, Florida, and Yankton, South Dakota, with additional sales and manufacturing locations in Hong Kong and Noida, India [1]