MtronPTI Awarded over $10 Million Production Contract for a Major U.S. Defense Program

MtronPTI (NYSE American: MPTI) has secured a significant contract worth over $10 million from a major U.S. Department of Defense prime contractor for an air defense program.

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01/06/2025 - 04:30 PM

ORLANDO, Fla.--(BUSINESS WIRE)-- M-tron Industries, Inc. (NYSE American: MPTI) (“MtronPTI”), a leading supplier of highly-engineered electronic components and solutions used to control the frequency or timing of signals in electronic circuits, today announced a year-end order for more than $10 million from a top U.S. Department of Defense prime contractor in support of a major air defense program. The order consists of several products, including high performance, rugged lumped element radio frequency filters and precision clock oscillators.

The program is a major part of the air defense system of the United States as well as numerous ally nations and is anticipated to be in production past 2029. This contract highlights MtronPTI’s continued leadership in precision RF components and solutions focused on performance under extreme conditions. MtronPTI supplies numerous U.S. and allied defense programs including precision guided munitions, radars, electronic warfare systems, airframes, drones and autonomous vehicles, and space and satellite platforms.

“This award is a testament to MtronPTI’s ability to design and produce in high volume, superior custom products that meet the demanding needs of our customers,” said Michael Ferrantino, CEO of MtronPTI. “We are proud to be part of this program and the security of our nation.”

Work under this contract will take place in Orlando, Florida through mid-2026.

About MtronPTI

M-tron Industries, Inc. (NYSE American: MPTI) was originally founded in 1965 and designs, manufactures and markets highly engineered, high reliability frequency and spectrum control products and solutions. As an engineering-centric company, MtronPTI provides close support to its customers throughout our products’ entire life cycle, including product design, prototyping, production and subsequent product upgrades. MtronPTI 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, visit www.mtronpti.com.