Simon Pryce, Chief Executive, commented: We are today publishing our interim results early to provide shareholders with details of our stronger than anticipated first half performance and excellent strategic progress. As flagged in our 5 July trading update, demand in our core defence & critical detection markets have remained robust. This together with our focused strategy and technology investment is driving expansion in our £12bn sales pipeline
(8), and further growth in our order book which, at £1.3bn, is a record for Ultra. We delivered good underlying revenue growth in the period and operational performance was strong, despite the mainly Covid-19 driven operational inefficiencies in Maritime which have now been broadly resolved. Our Focus; Fix; Grow transformation programme is already delivering ahead of plan and we are now more confident in our improvement potential with a better payback than originally a
First steel cut for HMS Belfast | Ministry of Defence
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First steel cut for HMS Belfast
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Government frustrations and concerns grow over Australia s multi-billion-dollar submarine and warship programs
Posted
TueTuesday 23
updated
TueTuesday 23
FebFebruary 2021 at 8:33pm
Linda Reynolds has told Parliament she is annoyed with the slow progress of negotiations with the French.
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Defence Minister Linda Reynolds has expressed frustration and disappointment with the French company building Australia s $90 billion future submarines as she prepares to confront its visiting global boss over crucial contract negotiations.
Key points:
Despite tense negotiations, the government insists the complex submarine build schedule remains on track
Defence has dismissed concerns the Future Frigate Program may also be facing problems
Ultra Awarded Canadian Surface Combatant Subcontract to Provide Hull-Mounted Sonar
Ultra is delighted to announce a contract award to commence work on the S2150-C Hull-Mounted Sonar (HMS) system for the Canadian Surface Combatant (CSC) program. This award comes soon after Ultra’s recent award of a contract to provide the CSC Variable Depth Sonar (VDS). These subcontracts move the development of CSC’s anti-submarine warfare (ASW) capability from the program definition phase into the substantive manufacture and delivery of the vessels’ suite of sonars.
The Ultra HMS selected for CSC is part of the world’s most advanced HMS product family, with a level of operational performance that meets stringent Canadian technical requirements. Additionally, its innovative design provides significant ship design advantages as well as logistical benefits and cost-savings in the maintenance and upgrade of the system through