Ultra awarded c.£65m multi-year development contract from U.K. Ministry of Defence (MoD)
November 4, 2021 - Ultra is delighted to announce the award of a new contract between Ultra and the United Kingdom Ministry of Defence in the region of £65m, to be awarded in the current financial year, to undertake a significant development and delivery programme to support the UK's Armed Forces.
The programme will deliver future capability that provides the UK Armed Forces with state of the art communications tools.
Simon Pryce, Chief Executive, commented:
"This is a very significant order for Ultra's Cyber business. Not only does it further strengthen our strategic relationship with the MoD, it is also evidence of Ultra's increasing capabilities. The team has shown great commitment, particularly in the face of pandemic driven challenges, and continue to work collaboratively to develop outstanding solutions to highly complex problems".
This announcement is in line with Ultra's policy to announce new orders of over 5% of Group sales.
Enquiries:
Gabriella Colley, SVP, Investor Relations
+44 (0) 7891 206 239
investor.relations@ultra-electronics.com
www.ultra.group
