By Najat KantouarFiltronic said that it has won a contract valued at 2.0 million pounds ($2.6 million) with global defense and security company QinetiQ. The London-listed defense and aerospace telecom equipment maker said Monday that the contract is for the development of a radio-frequency subsystem to be installed into a range radar solution with revenue expected to be recognized over the next two years.

Source: Wall Street Journal January 15, 2024 11:52 UTC