Ultra Electronics trading in line, order book development 'good'

FTSE 250 defence contractor Ultra Electronics said on Wednesday that it traded in line with expectations in the nine months to the end of September.

The company said order book development since its interim results was "good", as expected.

"The ongoing strategic evolution is progressing and there remains good long term opportunities and growth potential for Ultra," it said.

"Our major markets are growing and our strong technology base is positioning us well on existing and potential future programs."