Uk/Us Firm Wins Pounds 40m of Contracts ; Electronics

Summary


Ultra Electronics Holdings, which employs 3,000 people in America and the UK, said it has won contracts valued at up to EUR80 million (pounds 40.2 million) in the US for military IT systems.

The company's Austin-based advanced tactical systems business has won an air defence command and control system contract worth EUR23 million (pounds 11.6 million) from the US Navy.

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Uk/Us Firm Wins Pounds 40m of Contracts ; Electronics

The contract contains options which, if exer...

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