High-tech defence firm Ultra Electronics has announced further contract wins by both its Command & Control Systems business and its PMES business.
The contracts, which have been awarded by Rolls-Royce and which have a combined value of just over £27m, are for the supply of Ultra's Reactor Control and Instrumentation systems.
The scope of the contracts includes the manufacture of multiple systems and spares.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Chief Executive Rakesh Sharma said: "We have been successfully partnered with Rolls-Royce for over six years on this programme."
Ultra's role is that of equipment designer and manufacturer for the control and instrumentation suite and includes the full spectrum of system engineering disciplines, including requirements capture, architecture design, development, verification and qualification.
NR
-
UK-US trade deal announced: US cuts tariffs on UK car imports to 10%Keir Starmer and Donald Trump have announced a UK-US trade deal, but the US president has refused to lift baseline tariffs on most UK goods. What does it mean for the UK?
-
How to use mid-caps to diversify from the USMedium sized companies are overlooked by investors but could offer an attractive ‘sweet spot’. We consider the case for mid-caps amid market volatility.
