Investing.com -- M-tron Industries, Inc. (NYSE American:MPTI) stock rose 2.1% following the announcement of a $5.5 million production contract from a major U.S. Department of Defense prime contractor.

The contract involves supplying multiple high-performance radio frequency components, including rugged crystal filters and lumped element filters, designed for mission-critical environments. This award continues Mtron’s nearly decade-long support of the program.

Cameron Pforr, Mtron CEO, highlighted the company’s core capability in delivering "custom, high-performance solutions at production scale" and noted the trust customers place in Mtron to meet Department of Defense requirements.

The contract work will be performed at Mtron’s Orlando, Florida manufacturing facility through 2026, with the program expected to continue production through at least 2035. M-tron Industries specializes in providing high-performance radio frequency components and solutions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.