Ultra Electronics Group is a privately owned UK-based company employing approximately 2930 people. In 2023, the company reported revenues exceeding $1 billion. Its primary business involves the provision of connectivity and distribution services, specifically focusing on the supply of satellite and microwave communications equipment and systems.
On Tuesday, the Naval Sea Systems Command awarded an $11 million contract to Ultra Electronics Maritime for production support of AN/SPS-73(V)18 Next Generation Surface Search Radar (NGSSR) systems. Advent International, which acquired Ultra Electronics in a £2.6 billion deal in 2021, is reportedly in negotiations to sell Ultra Electronic Warfare Simulation Technology (EWST). This sale could mark a near-completion of the parent company's dismantling. Reports also indicate the release of market studies analyzing the Global Cross Domain Solutions (CDS) Market and the Underwater Communication Systems Market, though these reports do not detail specific involvement from Ultra Electronics.
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Ultra Electronics Group offers products in the media tech industry. Ultra Electronics Group's product portfolio comprises of connectivity and distribution services.
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Ultra Electronics Group's revenues were over $1B in 2023. All the revenue comes from media and broadcast satellite connectivity.
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