Ultra Electronics awarded a five year Acoustic Countermeasure Contract worth up to $34m Ultra Electronics announced today that its Ocean Systems business, based in Braintree, MA USA, has been awarded a firm one year contract valued at just over $4m from the US Navy for the continuing production of the ADC MK2 Countermeasure.
Options to extend the contract for a further four years could increase this initial value to just under $34m. The ADC MK2 is an expendable acoustic countermeasure launched from both ships and submarines to protect those platforms from torpedo threats. Ocean Systems has been producing the ADC MK2 since 1988 and has delivered over 20,000 devices to date. This fiveyear contract includes effort for design enhancements, development, production, and support services.
Rakesh Sharma, Chief Executive of Ultra commented: “I am pleased that Ultra has been awarded this follow-on contract. It reinforces Ultra’s position as a leader in the Undersea Defensive Warfare environment through the provision of highly complex countermeasure capabilities to both the US Navy and international customers”.
Rakesh Sharma, Chief Executive
Ami Sharma, Group Finance Director
020 8813 4307
Susan McErlain, Corporate Affairs Director
07836 522 722
James White, MHP Communications
020 3128 8756