Ultra Awarded Torpedo Defense Contract Worth Potential $268M

Braintree, MA- December 21, 2020 - Ultra Electronics Ocean Systems, based in Braintree, Massachusetts, has been awarded a $186,411,242 cost-plus-fixed-fee, cost reimbursable, indefinite-delivery/indefinite quantity contract for the AN/SLQ-25E ‘NIXIE’ electro-acoustic towed torpedo countermeasure system. 

This contract includes options which, if exercised, would bring the cumulative value of this contract to $268,514,278.

Work will be performed in Braintree, Massachusetts (58%); Manchester, New Hampshire (25%); Lititz, Pennsylvania (13%); and Huntington Beach, California (4%), and is expected to be completed by December 2026. 

Fiscal 2020 other procurement (Navy) $2,200,000 funding will be obligated at time of award and will not expire at the end of the current fiscal year. 

This contract was competitively procured via the Federal Business Opportunities website, with two offers received.  The Naval Undersea Warfare Center Division, Keyport, Keyport, Washington, is the contracting activity (N00253-20-D-0002).Martin Lewis, President of the Ultra Electronics Ocean Systems commented: “I am delighted that we have been awarded this NIXIE contract which underpins Ultra’s position as a major supplier of towed torpedo countermeasures for the US Navy. We are very proud to be supporting this program which strongly aligns with our vision to innovate today for a safer tomorrow by solving our customers’ most complex, mission critical problems. The efforts put forth by the whole Ultra team have been exemplary, and we are all very much looking forward to getting started on delivering this important program.”

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Gabriella Colley Head of Investor Relations & Internal Communications    +44 (0) 7891206239

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UltraUltra specializes in providing application-engineered tailored solutions. We focus on our customers’ mission critical and intelligent systems in the defense, security, critical detection & control markets.

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