Mtron Receives $4 Million Follow-On Award on Major U.S. Defense Production Contract

Rhea-AI Summary

Mtron (NYSE American: MPTI) received a $4 million follow-on award that increases a previously announced ~ $20 million production order to nearly $24 million for a two-year production contract supporting a major U.S. air defense program.

The expansion adds higher annual unit volumes, more RF products and a two-year production commitment versus prior 12-month purchase cycles. Work will be performed at Mtron's Orlando, Florida facility through mid-2028. The program serves U.S. and allied air defense systems and is expected to remain in production beyond 2030.

Positive

• Contract value increased to nearly $24 million
• Two-year production commitment replacing prior 12-month cycles
• Higher annual unit volumes and additional RF products added
• Work secured at Orlando facility through mid-2028
• Program longevity expected in production beyond 2030

Negative

• None.

News Market Reaction

-2.18%

1 alert

-2.18% News Effect

On the day this news was published, MPTI declined 2.18%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Follow-on award: $4 million Initial contract: Approximately $20 million Total contract value: Nearly $24 million +5 more

8 metrics

Follow-on award $4 million Additional production order on existing U.S. defense contract

Initial contract Approximately $20 million Production order announced December 2025

Total contract value Nearly $24 million Two-year production contract for major air defense program

Production term Two-year commitment Contract expanded from prior 12-month purchase cycles

Program production horizon Beyond 2030 Air defense program expected to remain in production

Orlando facility timeline Through mid-2028 Work performed at Orlando, Florida facility

Current price $63.69 Pre-news price level, 1.92% above prior close

52-week range $17.25–$67.52 Price is 269.22% above low and 5.68% below high

Market Reality Check

Price: $61.58 Vol: Volume 34,981 is about 20...

normal vol

$61.58 Last Close

Volume Volume 34,981 is about 20% above the 20-day average of 29,256, indicating elevated interest ahead of this defense contract update. normal

Technical Price at $63.69 is trading above the 200-day MA of $50.60 and within 6% of the $67.52 52-week high, after a 269.22% gain from the $17.25 52-week low.

Peers on Argus

MPTI was up 1.92% while peers were mixed: RELL +4.88%, LINK +12.15% versus KULR ...

MPTI was up 1.92% while peers were mixed: RELL +4.88%, LINK +12.15% versus KULR -2.07% and LPTH -8.30%. No broad, unified sector move is evident, suggesting the defense contract news is more stock-specific.

Historical Context

5 past events · Latest: Feb 03 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 03	Conference presentation	Positive	+0.4%	TD Cowen aerospace & defense conference presentation and investor meetings.
Jan 28	Investor meetings	Positive	+2.5%	Oppenheimer emerging growth conference virtual 1x1 investor meetings.
Jan 06	Warrant exercises	Positive	+11.4%	Completion of warrant dividend exercises raising about $27.7M in proceeds.
Dec 18	Employer award	Positive	-1.0%	FloridaMakes Employer of Choice award after record revenue year.
Dec 11	Defense contract win	Positive	+4.4%	Approximate $20M two-year production order for major U.S. defense program.

Pattern Detected

Positive corporate and contract news has usually led to positive next-day moves, with only one recent divergence.

Recent Company History

Over the last few months, MPTI has reported several developments tied to growth and capital access. A $20 million two-year defense production contract announced on Dec. 11, 2025 saw the stock rise 4.41%. The warrant dividend program generated about $27.7 million in proceeds, with an 11.39% reaction. Investor-outreach events at the Oppenheimer and TD Cowen conferences coincided with modest gains. Today’s $4 million follow-on award builds directly on the December 2025 defense contract expansion narrative.

Market Pulse Summary

This announcement adds a $4 million follow‑on award to an existing U.S. defense production contract,...

Analysis

This announcement adds a $4 million follow‑on award to an existing U.S. defense production contract, lifting its total value to nearly $24 million and extending work at the Orlando facility through mid‑2028. It reinforces MPTI’s role in RF components for a major air defense program expected to run beyond 2030. In context of prior contract wins and capital raised via warrant exercises, investors may watch for future updates on backlog, production ramp, and diversification across defense platforms.

Key Terms

radio frequency ("rf"), rf components, precision-guided munitions, electronic warfare systems

4 terms

radio frequency ("rf") technical

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

Radio frequency (RF) describes the part of the electromagnetic spectrum used to carry wireless signals — think of invisible waves that let phones, Wi‑Fi, radar and many medical or industrial devices send and receive information or energy. Investors care because RF performance, access to spectrum (like lanes on a highway), regulatory limits and interference risk influence product competitiveness, sales, licensing revenue and safety compliance for companies in telecom, healthcare and electronics.

rf components technical

"precision RF components and solutions designed to perform under extreme conditions."

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.

precision-guided munitions technical

"Mtron supplies numerous U.S. and allied defense programs, including precision-guided munitions, communications..."

Weapons that use onboard sensors, satellites or guidance systems to home in on a specific target and reduce stray damage, much like a GPS-guided driver steering to a precise address instead of relying on a rough map. Investors watch them because demand, export rules, production bottlenecks and government procurement decisions can sharply affect defense-company revenues, supply chains and political risk, making them a key factor in valuing military suppliers.

electronic warfare systems technical

"including ... radar and electronic warfare systems, airframes, drones and autonomous vehicles..."

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. Not financial advice.

ORLANDO, Fla., Feb. 12, 2026 /PRNewswire/ -- Mtron (NYSE American: MPTI), a leading provider of high-performance radio frequency ("RF") components and solutions, announced a follow-on order to the approximately $20 million production order from a major defense prime first announced in December 2025. This increases the total value of the two-year production contract supporting a major air defense program to nearly $24 million. The contract was expanded to include higher annual unit volumes, additional RF products, and a two-year production commitment, whereas prior orders for this program were limited to twelve-month purchase cycles.

The program is a major component of the air defense systems of the United States and numerous allied nations and is expected to remain in production beyond 2030. This contract underscores Mtron's role as a trusted production partner for precision RF components and solutions designed to perform under extreme conditions. Mtron supplies numerous U.S. and allied defense programs, including precision-guided munitions, communications, radar and electronic warfare systems, airframes, drones and autonomous vehicles, and space and satellite platforms.

Work under this contract will be performed at Mtron's Orlando, Florida, facility through mid-2028.

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/mtron-receives-4-million-follow-on-award-on-major-us-defense-production-contract-302686491.html

SOURCE Mtron

FAQ

How much is Mtron's (MPTI) follow-on award and what is the contract total?

The follow-on award is $4 million, bringing the two-year contract total to nearly $24 million. According to the company, this expands an earlier approximately $20 million production order announced in December 2025, increasing product scope and annual volumes under the program.

What is the production timeline for Mtron's (MPTI) defense contract work in Orlando?

Work under the expanded contract will be performed through mid-2028 at Mtron's Orlando facility. According to the company, the award establishes a two-year production commitment replacing prior 12-month purchase cycles for this air defense program.

Which defense programs and platforms does Mtron (MPTI) support under this expanded contract?

The contract supports a major air defense program used by the U.S. and allied nations, serving radar, electronic warfare, communications, and more. According to the company, Mtron supplies components for munitions, airframes, drones, and space platforms.

Does the Mtron (MPTI) award change production volumes or product scope?

Yes, the award increases annual unit volumes and adds additional RF products to the contract scope. According to the company, the expansion moves the program from short-term purchase cycles to a two-year production commitment.

What does the contract mean for the longevity of the air defense program linked to Mtron (MPTI)?

The program is expected to remain in production beyond 2030, indicating long-term demand for supplied components. According to the company, the contract is a major component of U.S. and allied air defense systems and projects production continuity past 2030.