Ultra Electronics wins £7m UK MoD contract
Ultra Electronics said its US-based Ocean Systems business had won a $10m (£7.72m) contract from the UK Ministry of Defence for the production of two variants of its submarine countermeasure acoustic device (SCAD) for the Royal Navy's submarine fleet.
The SCAD 101 is a self-contained externally mounted and launched torpedo countermeasure. The SCAD 102 has equivalent capability, but is launched internally from the submerged signal ejector, Ultra said.
Chief executive Rakesh Sharma said the contract win reinforced Ultra's position as a leader in the underwater warfare environment “through the provision of highly complex countermeasure capabilities to the US Navy, the UK Royal Navy and other international customers".