23rd Jun 2014 06:35
LONDON (Alliance News) - Ultra Electronics Holdings PLC said Monday its EMS Development Corp business in the US has won a contract worth more than USD21 million over five years from General Dynamics Electric Boat Corp.
Under the contract, the company will produce naval computer-controlled power supply systems.
"I am pleased that we have secured this important contract which recognises Ultra's specialist power management systems and supports a key US Navy submarine programme," said Chief Executive Rakesh Sharma in a statement.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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