Firan Technology Group Corporation (FTG) signs US $5 million long term agreement with Smiths Aerospace

Firan Technology Group Corporation announced today that its FTG Circuits facilities have signed a long Term Agreement with Smiths Aerospace for the supply of complex, high reliability printed circuits.

This agreement incorporates over 250 part numbers and is estimated to be worth US $5 million over 2 years.

FTG Circuits operating unit is comprised of two facilities: one in Toronto, Canada and the other in Chatsworth, California. Both facilities have been a preferred supplier to Smiths Aerospace for over 10 years and supply a wide variety of printed circuit boards built with some of the most advanced materials and complex features.

FTG Circuits considers Smiths to be a strategic partner. FTG supports existing programs and is also involved in providing products for newer programs such as the 787 Dreamliner.

"FTG has been able to increase revenue in this agreement. In addition, Smiths is also looking at FTG to supply new technologies and products from their FTG Aerospace operating unit to further build on this strong relationship" stated Rick Versage, Director of Business Development for the US South East Region of FTG Corporation, "and we look forward to future success with Smiths".

"FTG Circuits has invested incredible efforts over the past few years to build one of North America's leading suppliers of printed circuit boards to the Aerospace and Defence market. We are excited about this commitment from Smiths as it continues to leverage the core competencies in all of our divisions", added Brad Bourne, President and CEO, FTG Corporation.