Kitron s revenue for the third quarter was €179.2 million ($189.8 million), an increase of 8.3% compared to the €165.5 million ($175.3 million) in revenue for the same quarter last year.
Northrop Grumman Corporation (NYSE: NOC) has awarded Kitron a sub-contract for production of AN/ASQ-242 Integrated Communications, Navigation, and Identification (CNI) modules for the F-35 Lightning II-program. Deliveries will secure a backlog into 2025 and have a total value of more than USD 13 million.