Ultra Electronics, the technology company with interests in defence, transport and energy, has been awarded an Indefinite Delivery, Indefinite Quantity contract by the US Navy.
The contract, worth up to $49.2m, requires Ultra to supply upgraded versions of its submarine transducers that are stocked by the US Navy to support fleet requirements for new and restored units. The hull-mounted transducers use sonar to detect and localise targets.
Work on the contract is due to be completed in 2017.
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