7th Apr 2008 07:00
Ultra Electronics Holdings PLC07 April 2008 Embargoed until 0700 7 April 2008 Ultra Electronics Holdings plc ("Ultra" or "the Group") ULTRA WINS $80M US BATTLESPACE IT SYSTEM CONTRACTS Ultra announces that is has been awarded contracts in the US for battlespace ITsystems valued at up to US$80m. Ultra's Advanced Tactical Systems business, based in Austin, Texas has beenawarded a contract by the US Navy worth US$23m relating to its Air DefenseSystems Integrator (ADSI)(R) real-time, command and control system. The'indefinite delivery, indefinite quantity', firm fixed price contract covers theprovision of systems and associated technical services, including development.The contract contains options which, if exercised, would bring its total valueto US$50m with a completion date of March 2012. Ultra's Tactical Communication Systems business, based in Montreal, Canada, hasbeen awarded a separate contract valued at US$30m to supply enhanced tacticalradios to the US Army. The contract has been awarded by the Canadian CommercialCorporation acting on behalf of the US Department of Defense. Ultra will supplyupgraded versions of its High Capacity Line of Sight (HCLOS) radios that alreadyform the core of the wideband tactical radios system used by US armed forcesengaged in land operations. The contract is for radios and associated equipmentfor the US Army's Warfighter Information Network - Tactical (WIN-T) programme. Douglas Caster, Ultra's Chief Executive, commented:"These contracts underpin Ultra's position as a strategic supplier ofworld-leading battlespace IT systems. Ultra is expert in the supply of robusttactical data link networks that work reliably under the most demandingcircumstances in critical operational environments. ADSI is a prime example ofsuch systems. WIN-T is a major programme to enhance US military communicationscapabilities and I am pleased that Ultra's well-proven high capacity radios area key part of it." - Ends - Enquiries: Ultra Electronics Holdings plc 020 8813 4321Douglas Caster, Chief Executive www.ultra-electronics.comDavid Jeffcoat, Group Finance Director [email protected] Weber Shandwick Financial 020 7067 0700Susan Ellis / Louise Robson Notes to editors:Ultra Electronics is a group of specialist advanced technology businesses thatdesign, manufacture and support electronic and electromechanical systems,sub-systems and products for defence, security, aerospace and transportapplications worldwide. Ultra, which employs 3,200 people in the UK and North America, focuses on highintegrity sensing, control, communication and display systems with an emphasison integrated information technology solutions. The Group concentrates onobtaining a technological edge in niche markets, with many of its products andtechnologies being market leaders in their field. Ultra's products and services are used on aircraft, ships, submarines, armouredvehicles, surveillance systems, airports and transport systems around the world.Ultra also plays an important role in supporting prime contractors byundertaking specialist system and sub-system integration using the combinedexpertise of the Group businesses. Ultra is organised into three divisions as follows: Aircraft & Vehicle Systems including miniature airborne compressors; highintegrity software and systems; aircraft system electronics; aircraft systemtest equipment; aircraft cockpit indicators; aircraft noise and vibrationcontrol systems; airframe protection systems, armoured vehicle electronicinformation and control systems; human/computer interface equipment and crisisinformation management systems. Information & Power Systems including command and control systems equipment;weapons interfacing electronics; radar tracking; electro optical tracking;surveillance systems; naval data processing and distribution; airport andairline information management systems; ID card systems; naval power conversion;signature management of naval vessels; transit system power conversion andcontrol. Tactical & Sonar Systems including secure tactical line-of-sight radio systems,multiplexers and switches; secure video-conferencing systems; voice andmagneto-inductive communication systems; tactical data links; cryptographicequipment; active, passive and multi-static sonobuoys; sonobuoy receivers andprocessors; distributed surveillance sensor arrays; ship's sonar systems;acoustic countermeasure systems and ship's torpedo defence systems. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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