Mtron Wins $4 Million Follow-On, Lifts Defense Contract Value to $24M
Mtron secured a $4 million follow-on to its initial $20 million award from a major U.S. defense prime, boosting the two-year production contract value to nearly $24 million. The expanded award includes higher annual unit volumes, additional RF products and production commitments running through mid-2028 at its Orlando facility.
1. Follow-On Award Boosts Contract Value
Mtron received a $4 million follow-on order from a major U.S. defense prime, adding to the original $20 million production award and raising the two-year contract value to nearly $24 million.
2. Expanded Scope and Timeline
The expansion agreement calls for higher annual unit volumes, additional radio frequency products and a two-year production commitment, with all work to be performed at Mtron’s Orlando, Florida facility through mid-2028.
3. Strategic Defense Program Role
This contract underpins a key air defense system deployed by the United States and allied nations and is expected to remain in production beyond 2030, reinforcing Mtron’s status as a trusted provider of precision RF components for military applications.