Ultra Electronics PLC on Monday said its Sonar Systems subsidiary has won a GBP27 million contract from the Royal Navy to work on its Sonar 2050 Technology Refresh Programme.
Ultra said the ten-year deal will see it deliver and support new hull-mounted sonars for the Royal Navy's eight Type-23 frigates.
"I am very pleased that Ultra has been awarded the Sonar 2050 Technology Refresh contract. This is a significant opportunity and it demonstrates Ultra's continuing ability to supply and support cutting edge sonar systems to the Royal Navy. We look forward to working with the DE&S team on this programme," said Ultra Chief Executive Rakesh Sharma.
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