NEW! Investment Companies Centre

Ultra's UK, Canadian units win contracts

Related Companies

Related Indices

Related Sectors

News for Spread Betters

There's a new Investor Edition of CMC Markets' spread betting platform... and it's exclusive to DigitalLook.com users...

Get full details about Marketmaker:Investor Edition here. Advertisement

Date: Monday 07 Jul 2008

LONDON (ShareCast) - Aerospace and defence contractor Ultra Electronics said its controls business has been awarded a contract by Gulfstream Aerospace to develop and supply the landing gear control system for its new Gulfstream G650 business jet.

The contract is for a system that senses and manages the position of the aircraft landing gear and landing gear doors and is similar to systems that Ultra already designs to other aircraft manufacturers. The contract is expected to be worth in excess of £10m.

In a separate statement, Ultra said its Canadian Tactical Communication Systems business has won US Army contracts worth $100m since the start of 2008.

The contracts are for the supply of upgraded versions of its High Capacity Line of Sight (HCLOS). The awards have been made by the Canadian Commercial Corporation acting on behalf of the US Department of Defense.

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).