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Stock impact report

M-tron Industries, Inc. Awarded $20 Million Production Contract for a Major U.S Defense Program [Yahoo! Finance]

M-tron Industries, Inc. (MPTI) 
Company Research Source: Yahoo! Finance
frequency ("RF") components and solutions, announced an order for approximately $20 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 RF filters and precision clock oscillators. This represents a two year contract whereas prior orders for this program have been of twelve month duration. 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 2030. This contract highlights Mtron's continued leadership in precision RF components and solutions focused on performance under extreme conditions. Mtron supplies numerous US 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. "Delivering custom, hi Show less Read more
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