Ultra Electronics wins Indian navy contract
Ultra Electronics Holdings
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17:09 29/07/22
Ultra Electronics said its Canada-based maritime systems business had won a contract from the Indian Ministry of Defense to supply its navy with torpedo detection system.
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No financial details were revealed. Ultra said it would will deliver systems based on the Sea Sentor product in current operation around the world.
Sea Sentor is a passive acoustic towed array specifically designed to detect torpedoes and has additional in-built non-acoustic as well as acoustic intercept sensors.
“Due to the initial engineering phase and time to place sub-contracts, this order will not make a meaningful contribution to 2017 revenue,” Ultra said.
“The contract will be executed over the next three years with a greater weighting to the second half of this period as production deliveries are made.”