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    ULE   GB0009123323

ULTRA ELECTRONICS

(ULE)
  Report
Delayed London Stock Exchange  -  02:30 2022-08-01 am EDT
3500.00 GBX   -.--%
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Ultra Electronics : awarded contract for supply of Wing Ice Protection Control Equipment for Boeing 787 Dreamliner

08/03/2022 | 06:28am EDT

Ultra is pleased to announce that it has been awarded a multi-year contract for the continued supply of its leading Wing Ice Protection Control equipment to Boeing for the 787 Dreamliner.

Ultra will provide both the supply of the system's controller and the patented dynamic harnesses that convey power to the moving leading-edge slats.

Ultra is the leader for aerospace electro-thermal ice protection systems with solutions for wing and engine inlet ice protection. The function of the Wing Ice Protection System (WIPS) is to provide electrothermal ice protection to an area of the aircraft wing leading edge slats. The safety critical system heats both left (port) and right (starboard) wings simultaneously to achieve symmetrical wing leading edge ice protection, maintaining aerodynamic stability.

Mike Clayton, President of Ultra PCS, commented:

"This contract demonstrates Ultra's long term strategic and collaborative relationship with Boeing. It is alsoa fantastic achievement for the whole Ultra PCS team who have, despite the pandemic related challenges in the aerospace industry, demonstrated their unwavering commitment to deliver outstanding solutions to our customer's most complex problems."

Enquiries:

Ray Challis - VP Sales and Marketing

[email protected]

About Ultra

Ultra provides application-engineered solutions in the key elements of mission critical and intelligent systems. Through innovative problem solving, using sustainable capabilities and evolving technologies, we deliver outstanding solutions to our customers' most complex problems in defense, security, critical detection and control environments.

www.ultra.group

- ENDS -

Disclaimer

Ultra Electronics Holdings plc published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 10:27:04 UTC.


© Publicnow 2022
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Financials
Sales 2021 851 M 952 M 952 M
Net income 2021 66,9 M 74,9 M 74,9 M
Net Debt 2021 40,0 M 44,8 M 44,8 M
P/E ratio 2021 34,0x
Yield 2021 0,51%
Capitalization 2 511 M 2 798 M 2 809 M
EV / Sales 2020 1,81x
EV / Sales 2021 2,71x
Nbr of Employees 4 531
Free-Float -
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Managers and Directors
Simon Charles Conrad Pryce Chief Executive Officer & Executive Director
Mark Josceline Sclater Chief Financial Officer & Executive Director
William Anthony Rice Chairman
Andrew Puryear Group Chief Technology Officer
Geeta Gopalan Independent Non-Executive Director