M-tron Industries, Inc. Awarded $2.7 Million Production Contract for a Major Defense Radar Program

M-tron Industries (NYSE American: MPTI) announced a production order of approximately $2.7 million from a U.S. Department of Defense contractor for a major C-UAS radar program.

Rhea-AI Summary

M-tron Industries (NYSE American: MPTI) announced a production order of approximately $2.7 million from a U.S. Department of Defense contractor for a major C-UAS radar program.

The order includes oven-controlled crystal oscillators and other RF components; work will be performed in Orlando, Florida through mid-2027, and the program is expected to remain in production past 2030, adding near-term revenue visibility.

Positive

• $2.7 million production contract secured
• Work scheduled in Orlando, Florida through mid-2027
• Program anticipated to remain in production past 2030

Negative

• Contract value of $2.7 million is modest relative to large defense programs

Argus Apr 17 session

+1.74% close to close Open Argus

Details

News Market Reaction – MPTI

In the Apr 17 session, MPTI gained 1.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds a new $2.7M production contract supporting a major C-UAS radar program, with ...

Analysis

This announcement adds a new $2.7M production contract supporting a major C-UAS radar program, with work scheduled in Orlando through mid-2027 and production expected to extend past 2030. It reinforces M-tron’s focus on high-performance RF components and prior defense wins, including a $20M contract. Investors may watch how this award flows into backlog, revenue growth, and future orders from U.S. and allied defense customers.

Key Figures

Contract value: $2.7M Program horizon: Past 2030 Contract work period: Through mid-2027 +5 more

Contract value

$2.7M

Production contract for major C-UAS radar program

Program horizon

Past 2030

C-UAS radar program anticipated production timeframe

Contract work period

Through mid-2027

Work in Orlando, Florida under new radar contract

FY 2025 revenue

$54.4M

Full-year 2025 revenue from prior earnings release

Q4 2025 revenue

$14.2M

Fourth quarter 2025 revenue

Backlog

$76.4M

Backlog as of Dec 31, 2025 (up 61.8%)

Adjusted EBITDA FY25

$12.6M

Full-year 2025 adjusted EBITDA

Rights subscription price

$59.00

Transferable rights offering subscription price per share

Previous Crypto Reports

5 past events · Latest: Mar 18

Same Type 5 events

1. Mar 18

   Investor meetings

   24h Move

   +2.6%

   Announcement of 1-on-1 investor meetings at ROTH defense-focused conference.

2. Mar 12

   Conference presentation

   24h Move

   +4.9%

   Sidoti small-cap conference presentation and virtual investor meetings announcement.

3. Feb 03

   A&D conference

   24h Move

   +0.4%

   TD Cowen aerospace & defense conference presentation schedule disclosure.

4. Jan 28

   Investor outreach

   24h Move

   +2.5%

   Oppenheimer emerging growth conference 1x1 investor meetings announcement.

5. Dec 11

   Defense contract

   24h Move

   +4.4%

   Award of approximately $20M U.S. defense production contract extending key program.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

c-uas, radar, oven-controlled crystal oscillators, rf components, +1 more

5 terms

c-uas technical

"in support of a major C-UAS radar program."

c‑UAS (counter‑unmanned aircraft system) are integrated tools and procedures used to detect, track, and stop unauthorized drones—like a security system that sees and disables an intruder in the sky. Investors watch c‑UAS because rising drone use and tighter rules create demand for hardware, software, and services, which can drive sales growth and affect regulatory risk for companies in defense, airports, utilities, and event security.

radar technical

"in support of a major C-UAS radar program."

Radar is a shorthand meaning that a company, issue or development has been noticed and is being watched by investors, analysts or regulators. Like a blip appearing on a ship’s map, being on the radar matters because it signals potential action — increased buying or selling, closer scrutiny, or follow-up reporting — which can change a stock’s price or a firm’s regulatory and market prospects.

oven-controlled crystal oscillators technical

"including high performance, oven-controlled crystal oscillators."

An oven-controlled crystal oscillator (OCXO) is an electronic timing device that keeps a tiny vibrating crystal at a constant warm temperature so its ticking remains extremely steady and precise, like keeping a metronome in a heated box so it never slows or speeds up. Investors care because OCXOs are critical components in networks, telecom equipment, satellites, and test gear where flawless timing affects product performance, reliability, and therefore market demand and profit margins.

rf components technical

"a leading provider of high-performance radio frequency ("RF") components and solutions"

RF components are the physical parts that generate, shape, route and measure high‑frequency radio signals inside wireless systems — think antennas, amplifiers, filters, oscillators and switches. They matter to investors because their performance and cost determine how well wireless products work, how expensive they are to build, and how competitive a supplier can be; like engine parts for a car, small differences in these pieces can drive market share, margins and supply‑chain risk.

electronic warfare systems technical

"including among others precision guided munitions, communication, radar, and electronic warfare systems"

Electronic warfare systems are tools and equipment that protect or disrupt the use of the electromagnetic spectrum—such as radio, radar and satellite signals—by sensing, blocking, confusing or spoofing those signals. Like noise-cancelling headphones or a traffic detour for radio waves, they matter to investors because they are core defense technologies with steady government demand, long contract cycles, export and regulatory risks, and potential for rapid value swings tied to geopolitical events and technological advances.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

ORLANDO, Fla., April 16, 2026 /PRNewswire/ -- M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron"), a leading provider of high-performance radio frequency ("RF") components and solutions, announced an order for approximately $2.7 million 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.

The program is receiving strong traction both within U.S. defense procurement channels as well as from numerous ally nations and is anticipated to be in production past 2030. This contract highlights Mtron's continued leadership in precision RF components and solutions focused on performance under extreme conditions. Mtron supplies numerous U.S. and allied defense programs including among others precision guided munitions, communication, radar, and electronic warfare systems, airframes, drones and autonomous vehicles, and space and satellite platforms.

"We are pleased to secure this $2.7 million 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, Mtron 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.

About Mtron

M-tron Industries, Inc. (NYSE American: MPTI) designs, manufactures, and markets highly engineered, high reliability frequency and spectrum control products and solutions. As an engineering-centric company, Mtron provides close support to its customers throughout our products' entire life cycle, including product design, prototyping, production, and subsequent product upgrades. Mtron 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, please visit www.mtron.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/m-tron-industries-inc-awarded-2-7-million-production-contract-for-a-major-defense-radar-program-302745379.html

SOURCE Mtron

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did M-tron (MPTI) announce on April 16, 2026 about a defense contract?

M-tron announced an order for approximately $2.7 million supporting a major C-UAS radar program. According to the company, the order covers oven-controlled crystal oscillators and other RF components, adding visibility to near-term revenue.

How long will M-tron (MPTI) perform work for the $2.7 million contract?

Work under the contract will take place in Orlando, Florida through mid-2027. According to the company, production activity is scheduled to continue locally during that period with delivery timelines aligned to program needs.

What products did M-tron (MPTI) say are included in the $2.7 million order?

The order includes several RF components, notably oven-controlled crystal oscillators. According to the company, these parts support high-performance radar applications requiring stability under extreme conditions.

Does the M-tron (MPTI) contract indicate longer-term program prospects?

Yes, the company said the radar program is anticipated to be in production past 2030. According to the company, the program has traction across U.S. procurement channels and allied nations, implying multi-year demand.

What does the $2.7 million M-tron (MPTI) win mean for near-term revenue visibility?

The contract provides meaningful visibility to near-term revenue through mid-2027. According to the company, the order reflects demand for its high-reliability RF offerings in defense radar applications.