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|Firan Technology Group Corporation Announces New Multi-Year Contract Awards for its Circuits Busines|
Firan Technology Group Corporation Announces New Multi-Year Contract Awards for its Circuits Business
Toronto, February 16, 2016 - Firan Technology Group Corporation (“FTG”), a leader in aerospace and defense electronics, announced today that it has renewed two Long-Term Agreements with a prominent US based Aerospace, Space and Defense Contractor for its Circuits Toronto and Chatsworth facilities. The agreements are for the supply of a variety of high technology Printed Circuit Boards used on major airframe platforms across Business, Regional, Air Transport, Space and Defense applications. The products FTG will support range from integrated avionics and engines to space systems.
Under the terms of the agreement, estimated at over $10 Million USD annually, FTG will manufacture and supply a full range of Printed Circuit Board products for several locations around the world.
Peter Dimopoulos, Vice President Business Development, FTG Corporation, commented, “FTG has been successful in increasing the scope of our new Long-Term Agreements. We value our position as a premier growth supplier and continue to focus on their needs and expectations for key metrics such as delivery, quality, reliability, value engineering and cost control. We look forward to supporting their business and help ensure their continued success in the market.”
FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units:
FTG Circuits is a manufacturer of high technology, high reliability printed circuit boards. Our customers are leaders in the aviation, defense, and high technology industries. FTG Circuits has operations in Toronto, Ontario, Chatsworth, California and a joint venture in Tianjin, China.
FTG Aerospace manufactures illuminated cockpit panels, keyboards and sub-assemblies for original equipment manufacturers of aerospace and defense equipment. FTG Aerospace has operations in Toronto, Ontario, Chatsworth, California and Tianjin, China.