Ultra Electronics awarded $82m contract for control
and monitoring of US Navy critical infrastructure
Ultra Electronics Holdings plc (October 10, 2016) – Ultra Electronics today announced the award of a US $34.6 million cost-plus-fixed-fee contract by the Department of the Navy to continue providing cyber-secure critical infrastructure solutions. Initial tasks of US $13.9 million should be completed by September 2017.
The contract includes options which, if exercised, will bring the cumulative value to more than US $82 million and extend the contract through September 2020.
Under the contract, Ultra Electronics, 3eTI will continue to work with the Navy to design, develop, integrate and install a variety of cyber-secure systems for critical infrastructure control and monitoring. These solutions include intrusion detection, industrial control systems, and endpoint security. Work will be performed in California, Hawaii and in the Washington, DC, areas.
"We are pleased to have the Department of Defense's continued confidence in delivering cyber-physical network solutions that afford a defense-in-depth framework for ensuring energy security," said Rakesh Sharma, Chief Executive, Ultra Electronics. "The award underscores the significance of Ultra and 3eTI’s many accreditations and certifications in the security and cyber domains for federal applications."
Rakesh Sharma, Chief Executive 020 8813 4307
Ami Sharma, Group Finance Director
Susan McErlain, Corporate Affairs Director 07836 522 722
James White, MHP Communications 020 3128 8756
About Ultra Electronics, 3eTI
Ultra Electronics, 3eTI is a leading provider of highly secure wireless networks that enable critical systems security, infrastructure security and process automation for the military, government, industrial and utility markets. 3eTI’s product portfolio includes proven and robust secure wireless mesh networks, sensor networks, cyber security, and perimeter security solutions which can be deployed for a range of applications, including military base security, onboard ship communications, rapidly deployable communications and advanced metering infrastructure for SmartGrid programs. 3eTI’s platforms are approved for use by the most stringent and demanding customers, including the U.S. military.
Further information about Ultra:
Ultra Electronics is an internationally successful defence, security, transport and energy company with a long, consistent track record of development and growth. The Group manages a portfolio of specialist capabilities generating innovative solutions to customer needs. Ultra applies electronic and software technologies in demanding and critical environments ranging from military applications, through safety-critical devices in aircraft, to nuclear controls and sensor measurement. These capabilities have seen the Group’s highly differentiated products contributing to a large number of platforms and programmes.
Ultra has world-leading positions in many of its specialist capabilities and, as an independent, non-threatening partner, is able to support all of the main prime contractors in its sectors. As a result of such positioning, Ultra’s systems, equipment or services are often mission or safety-critical to the successful operation of the platform to which they contribute. In turn, this mission-criticality secures Ultra’s positions for the long term which underpins the superior financial performance of the Group.
Ultra offers support to its customers through the design, delivery and support phases of a programme. Ultra businesses have a high degree of operational autonomy where the local management teams are empowered to devise and implement competitive strategies that reflect their expertise in their specific niches. The Group has a small head office and executive team that provide to the individual businesses the same agile, responsive support that they provide to customers as well as formulating Ultra’s overarching, corporate strategy.
Across the Group’s three divisions, Ultra operates in the following eight market segments:
- Underwater Warfare