Ultra Electronics wins $35m contract with US Navy

Ultra Electronics announced on Monday that it has been awarded a $34.6m cost-plus-fixed-fee contract by the US Department of the Navy to continue providing cyber-secure critical infrastructure solutions.

The FTSE 250 firm said initial tasks of $13.9m should be completed by September 2017, with the contract including options which - if exercised - will bring the cumulative value to more than $82m and extend the contract through September 2020.

Under the contract, Ultra Electronics, 3eTI will continue to work with the Navy to design, develop, integrate and install a variety of cyber-secure systems for critical infrastructure control and monitoring.

The solutions include intrusion detection, industrial control systems, and endpoint security, the company’s board explained, and work will be performed in California, Hawaii and in the Washington, DC, areas.

“We are pleased to have the Department of Defense's continued confidence in delivering cyber-physical network solutions that afford a defense-in-depth framework for ensuring energy security," said chief executive Rakesh Sharma.

“The award underscores the significance of Ultra and 3eTI's many accreditations and certifications in the security and cyber domains for federal applications.”