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Mtron Awarded Over $12 Million Production Contract from a Major Supplier to Boeing and Airbus

1. Mtron (MPTI) secures $12 million multi-year agreement in aerospace sector. 2. Contract includes over 45 electronic components for avionics.

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FAQ

Why Very Bullish?

A $12 million contract indicates strong demand, potentially driving future revenue similar to past contracts that resulted in significant stock price increases.

How important is it?

The secured contract is substantial for future earnings and indicates MPTI's solid position in a growing industry, heightening investor confidence.

Why Long Term?

The multi-year nature of the contract ensures stable revenue, supporting long-term growth, akin to previous multi-year agreements that boosted MPTI's market position.

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BoeingLockheed MartinNorthrop Grumman
ORLANDO, Fla.--(BUSINESS WIRE)--Mtron (NYSEAM: MPTI), a leading supplier of highly engineered electronic components and solutions used to control the frequency and timing of signals in electronic circuits, today announced a multi-year agreement valued at more than $12 million from a top supplier to the avionics and aerospace industries. The contract includes over 45 different products, including high-performance radio frequency filters, crystal resonators, TCXOs, OCXOs, and precision clock osci.

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