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Press release archive - 2015


11/11/2015 Directorate Change.

Mary Waldner has informed the Ultra Board of her intention to leave the Group. She has been approached to take a Finance Director position with a privately owned company outside the defence and aerospace sector and, after careful consideration, has agreed to accept the new role. Mary will leave Ultra after the 2015 preliminary results announcement and investor meetings. Go to page 

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11/11/2015 Trading Statement Nov 2015

Ultra, the international defence, security, transport and energy group, today issues a scheduled trading statement which confirms that the Group’s performance for the full year remains in line with expectations. Go to page 

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14/10/2015 Ultra acquires specialist provider of high performance temperature sensing devices

Ultra acquires specialist provider of high performance temperature sensing devices Go to page 

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21/09/2015 Ultra demonstrates a cyber-hardened critical infrastructure management system

SmartGrid Technology & Innovation, London, September 2015 – At this key event attended by industry visionaries, Ultra demonstrated their cyber secure, intelligent management solution. Go to page 

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24/08/2015 Ultra completes acquisition of the Electronic Products Division of Kratos

Further to the announcement made on 1 June 2015, Ultra is pleased to confirm that the acquisition of the Electronic Products Division (“EPD”) of Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) (“Kratos”) for a cash consideration of up to $265m, has now received US regulatory approval and the transaction has been completed. Go to page 

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03/08/2015 Interim Results for the six months to 30 June 2015

Rakesh Sharma, Chief Executive, commented: “The Group’s first half performance is in line with our expectations and reflects a generally lower level of activity across most parts of our government related business and the expected pause in normal business given the UK and US election cycles. The uncertainty surrounding the next US fiscal budget and the potential of a Continuing Resolution in relation to Government appropriations has continued to dampen US defence revenues. Further, recent challenges to the Patriot Act are impacting revenues from our US Sotech business and, as previously advised, working capital movements and the impact of the Oman contract termination are reducing cash conversion." Go to page 

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07/07/2015 Ultra Electronics awarded £18m UK Submarine Reactor Control Equipment Contract

Ultra is pleased to announce that its PMES business based in Rugeley, Staffordshire has been awarded a contract relating to the design and development of reactor control and cooling systems for Royal Navy submarines. Go to page 

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06/07/2015 Mahindra and Ultra Electronics, UK partner for defence products

Mahindra Group, through its company Mahindra Defence Naval Systems, has joined hands with Ultra Electronics UK for addressing the highly specialised segment of Underwater Warfare equipment for the Indian Navy and radio’s for the Indian Army. Go to page 

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06/07/2015 Appointment of Joint Corporate Broker

Ultra, the international defence, security, transport and energy company, today announces it has appointed Investec Bank plc as joint corporate broker with immediate effect alongside its existing corporate broker J.P. Morgan Cazenove. Go to page 

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24/06/2015 Pre Close Trading Statement June 2015

Ultra, the international defence, security, transport and energy group, today issues a Pre Close Trading Statement, ahead of its Interim Results for 2015. Go to page 

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01/06/2015 Ultra acquires leading RF and Microwave supplier

Ultra announces that it has today agreed to acquire the Electronic Products Division (“EPD”) of Kratos Defense & Security Solutions (NASDAQ: KTOS) for a cash consideration of up to $265m. Go to page 

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30/04/2015 Annual General Meeting notification and trading update

Ultra, the international defence, security, transport and energy company, today issues a trading update for the period 1 January 2015 to 29 April 2015. Ultra's Annual General Meeting will be held today at 10.00 a.m. Go to page 

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16/03/2015 Ultra announces partnership with Stauder Technologies

Ultra CIS and Stauder Technologies are today announcing a partnership agreement which will bring a range of innovative, reliable and interoperable targeting coordination and communications solutions to the UK defence market. Go to page 

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02/03/2015 Preliminary Results for the Year Ended 31 December 2014

In 2014 Group order intake increased significantly, reflecting demand across our market segments for Ultra’s specialist capabilities. Market conditions, specifically government spending pressures in the US and UK, continued to frustrate revenues in 2014, although excluding Oman the second half performance showed an improvement on the first half. Go to page 

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10/02/2015 Ultra awarded Sonobuoy Capability contract with MoD

Ultra Electronics announces that its Sonar Systems business, based in Greenford, Middlesex, has been awarded a £18m contract to supply sonobuoys for the Royal Navy’s Merlin maritime patrol helicopter. The contract will be executed over the next two years with options for a further two years. Go to page 

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09/02/2015 Ultra Electronics AEP Offers BACS Payments SaaS Solution on G-Cloud 6 Framework

Ultra Electronics AEP announces its PayGate™ Online secure payments processing service is now available to public sector organisations via the government’s Digital Marketplace. Go to page 

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13/01/2015 Ultra AEP announces FIPS 140-2 Level 4 validation of new crypto module for KeyperPlus HSM

Ultra Safe KeyperPlus Hardware Security module (HSM) provides increased performance and capability for the most demanding security applications. Go to page 

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