Sedgefield, County Durham-based Filtronic plc has reported revenue of £55.5 million for the year to May 31, 2026, marginally below last year’s record performance of £56.3 million.

Profit before tax fell to £3.8 million from £13.4 million.

Filtronic is a designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space and critical communications markets.

The Sedgefield firm reported an expansion of its strategic relationship with SpaceX “for the previously announced deployment of next-generation Gallium Nitride (GaN) E-band technology at $62.5m, the group’s largest single order to date.”

Filtronic added: “Secured an $8.0m contract with a US-based customer for the development high-performance amplifier systems, followed by a further contract post-period end, broadening Filtronic’s position within the wider satellite communications ecosystem.

“Accelerating diversification of the customer base, with new multi-year contract wins including a €7.0m agreement with a European space customer and a £13.4m contract with a leading European defence prime, strengthening the Company’s position across space, aerospace and defence markets.”

Filtronic CEO Nat Edington said: “FY2026 reflects the continued evolution of Filtronic into a business operating at greater scale, with stronger visibility, a growing product-led offering and an expanding opportunity across our core markets.

“We have continued to strengthen strategic customer relationships, progress our technology roadmap and invest in the capabilities required to support long-term growth.

“With a strong order book already providing substantial coverage for FY2027 revenues and growing engagement across key programmes, we are excited about the opportunities ahead.”