Ultra Electronics wins $4m US Navy contract
Ultra Electronics said its Ocean Systems business, based in the 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.
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Options to extend the contract for a further four years could increase this initial value to just under $34m, Ultra said.
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 five-year contract includes effort for design enhancements, development, production, and support services.