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On June 5, Firan Technology Group Corporation (TSX: FTG) announced the award of a contract valued at approximately $17 million CAD (approximately 90 million RMB) to supply cutting-edge cockpit interface assemblies for the display suite on COMAC’s C919 single aisle 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).

PCBs play a crucial role in supporting the functionality of the electronic components and control panels within cockpit interface assemblies. FTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units: FTG Circuits and FTG Aerospace. Production will take place at FTG’s manufacturing facilities in Toronto, Canada, and Tianjin, China. Production will start in Toronto and transition to Tianjin during the contract period.

Peter Dimopoulos, Vice President of Business Development at FTG, expressed his enthusiasm for this award, stating, “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.”

FTG’s extensive expertise and innovation in high reliability cockpit control products and sub-systems have made it a trusted partner in the aerospace and defense markets. This contract further solidifies FTG’s position as a leader in delivering advanced, reliable avionic solutions that meet the evolving needs of the global aerospace industry.

About Firan Technology Group Corporation

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, Fredericksburg, Virginia, Minnetonka, Minnesota, Haverhill, Massachusetts and a joint venture in Tianjin, China.

FTG Aerospace manufactures and repairs 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.

The Corporation’s shares are traded on the Toronto Stock Exchange under the symbol FTG.

Editor：Lulu

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