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Mtron Awarded $5.5 Million Production Contract for Major U.S. Naval Weapon System

1. MTPi awarded a $5.5 million contract from the U.S. Department of Defense. 2. Contract includes high-performance RF components for mission-critical systems. 3. Mtron has supported this program for nearly a decade. 4. Production will occur in Orlando, expected to continue through 2035. 5. This award reinforces Mtron's reliability in defense solutions.

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FAQ

Why Bullish?

Securing a significant defense contract demonstrates MPTI's growth potential. Historical examples show similar contracts can enhance company reputations and investor confidence.

How important is it?

The awarded contract is sizable and pertains to a vital government sector, crucial for MPTI's financial health.

Why Long Term?

The contract extends through 2026 and beyond, suggesting sustained revenue streams. MPTI's commitment to defense projects can bolster its standing in the industry over time.

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LMTNOCBAGD
, /PRNewswire/ -- M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron"), a leading provider of high-performance radio frequency ("RF") components and solutions, today announced it has been awarded a $5.5 million production contract from a top U.S. Department of Defense prime contractor in support of a major weapons system. The contract includes multiple high-performance radio frequency components, including rugged crystal filters and lumped element filters, engineered for durability and precision in mission-critical environments. This latest award builds on Mtron's long-standing support of the program, which has supplied specialized components for nearly a decade. "Delivering custom, high-performance solutions at production scale is core to what we do," said Cameron Pforr, Mtron CEO. "This award demonstrates the trust our customers place in Mtron to meet the evolving and rigorous demands of the Department of Defense, serving our nation, as well as our allies." Work under this contract will be performed at Mtron's manufacturing facility in Orlando, Florida, through 2026. The program is expected to continue production through at least 2035. About Mtron 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, 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, visit www.mtron.com. SOURCE Mtron WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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