Mtron Awarded Over $12 Million Production Contract from a Major Supplier to Boeing and Airbus
Mtron (NYSEAM:MPTI), a leading supplier of highly engineered electronic components and solutions used to control the frequency and timing of signals in electronic circuits, today announced a multi-year agreement valued at more than $12 million from a top supplier to the avionics and aerospace industries. The contract includes over 45 different products, including high-performance radio frequency filters, crystal resonators, TCXOs, OCXOs, and precision clock oscillators.
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The contract supports the recovering avionics industry and the various Boeing and Airbus aircraft anticipated to be in production past 2030. This contract highlights Mtron's continued leadership in the avionics market, with an average of 16 design wins per commercial aircraft, ranging from collision avoidance radar to communications to engine control. Mtron's precision RF components and solutions focus on performance in the most extreme conditions, which these critical applications demand. Mtron supplies several Tier One avionics suppliers and continues to secure design wins on these large airframes.
"This award is a testament to Mtron's ability to design and produce in high volume, superior custom products that meet the demanding needs of our customers. We are proud to be a critical supplier to the avionics industry," said Cameron Pforr, CEO of Mtron.
Work under this contract will take place at Mtron facilities in Orlando, Florida; Yankton, South Dakota; and Noida, India, with production continuing through mid-2028.
About Mtron
M-tron Industries, Inc. (NYSE:MPTI), originally founded in 1965, designs, manufactures, and markets highly engineered, high-reliability frequency and spectrum control products and solutions. As an engineering-centric company, Mtron supports customers across the entire product life cycle, including product design, prototyping, production, and subsequent product upgrades. Mtron has design and manufacturing facilities in Orlando, Florida, Yankton, South Dakota; a sales office in Hong Kong; and a manufacturing facility in Noida, India. Mtron is an AS9100D and ISO 9001:2015 certified organization. For more information, visit www.mtron.com or email [email protected].
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