Bullboard - Stock Discussion Forum Firan Technology Group Corp FTGFF

Primary Symbol: T.FTG

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Firan Technology Group Corporation is a Canada-based aerospace and defense electronics product and subsystem supplier. The Company supplies its products to customers around the globe. The Company operates through two units: FTG Circuits and FTG Aerospace. FTG Circuits is a manufacturer of printed circuit boards standard rigid products, High-density interconnect (HDI), RF circuitry, Thermal... see more

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Firan Technology Group Corp > (“FTG”) Awarded $17M CAD Contract

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Post by Betteryear2 on Jun 05, 2024 6:41pm

(“FTG”) Awarded $17M CAD Contract

TORONTO, June 05, 2024 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) today announced the award of a contract valued at approximately $17 million CAD to supply cutting-edge cockpit interface assemblies for the display suite on COMAC's C919 aircraft. The period of performance for this contract extends from the second half of 2024 through to the third quarter of 2026. The contract to FTG comes from Shanghai Avionics Company Ltd (SAVIC).

Firan Technology Group Corporation (“FTG”) Awarded $17M CAD (globenewswire.com)

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Comment by Possibleidiot01 on Jun 05, 2024 9:16pm

13.56% of current market cap @ $5.25

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Comment by BCONTVentures on Jun 05, 2024 9:45pm

Excellent news! From the NR: “Securing this contract is a significant milestone for FTG. We are proud to have successfully completed the rigorous development and certification process of our products, to contribute to the success of COMAC's C919 single aisle aircraft, and to growing our Tianjin operations.”

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