6th Jun 2005 07:00
Ultra Electronics Holdings PLC06 June 2005 Embargoed until 0700 6 June 2005 Ultra Electronics Holdings plc ("Ultra" or "the Group") Ultra awarded US$23m contract for battlespace IT radios for Korea Ultra announces that its Tactical Communication Systems ("TCS") business inMontreal, Canada has been awarded a contract valued at over US$23 million forthe supply of battlespace IT radio systems for the Republic of Korea ArmedForces. The order has been awarded to Ultra TCS by Huneed Technologies("Huneed"), its manufacturing licensee in the Republic of Korea, who willassemble finished radios from kits supplied by Ultra. Delivery of the radio kitswill commence in September 2005 and be complete by August 2007. Ultra's high capacity, line of sight, frequency hopping tactical radios meet therequirements of the modern battlespace by enabling rapid communication of voiceand digital information including video imagery. The version of the radio thatis to be supplied under this contract has recently been upgraded to allow theprocessing of increased rates of information flow, while maintaininginteroperability with the Ultra radios already in service with the Republic ofKorea Armed Forces. The radios change frequency many times each second tominimise the chances of transmissions being jammed or intercepted. Ultra TCS has enjoyed a strong cooperative relationship with Huneed for manyyears and, to date, has received contracts related to the supply of tacticalradio systems for the Korean market worth over £40m. Douglas Caster, Chief Executive of Ultra, commented: "This award recognises Ultra's continuing commitment to supply radios withenhanced capacity to meet the increasing demands of the modern battlespace,while maintaining interoperability with fielded systems. We are pleased to buildon our successful relationship with Huneed and the Republic of Korea ArmedForces." - Ends - Enquiries:Ultra Electronics Holdings plc 020 8813 4321Douglas Caster, Chief Executive www.ultra-electronics.comAndy Hamment, Group Marketing Director [email protected] Weber Shandwick Square Mile 020 7067 0700Susan Ellis / Susanne Walker Notes to editors: Ultra Electronics is a group of specialist businesses designing, manufacturingand supporting electronic and electromechanical systems, sub-systems andproducts for defence, security and aerospace applications worldwide. Ultra, which employs 2,800 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 cockpitindicators; aircraft noise and vibration control systems; airframe protectionsystems, armoured vehicle electronic information and control systems; human/computer interface equipment and shared working environment solutions. 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; tactical data links; cryptographic equipment; active,passive and multi-static sonobuoys; sonobuoy receivers and processors;distributed surveillance sensor arrays; ship's sonar systems; acousticcountermeasure 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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