M-tron Industries Eyes 2028 Defense Boom as Missile, Radar Demand Builds
M-tron Industries (MPTI) anticipates a defense sector boom in 2028, driven by missile and radar demand. The company reported $15.1M in Q2 revenue, up 15% YoY, with a 43% gross margin. M-tron's backlog grew 37% YoY, and it raised $70M for acquisitions and capacity expansion. The company supplies components to Boeing and Airbus and expects linear growth with aircraft deliveries. M-tron targets 12% long-term revenue growth, potentially higher with increased defense spending.


