Electronics Production |
Ultra wins new contract
Ultra Electronics has been awarded a contract by CTA International.
The contract is relating to electronic controls for the next-generation cannon for the upgraded Warrior and the new FRES SV armored vehicles.
The initial contract is valued at £1.5m with the value rising to £14m if all production options are taken up. CTAI, based in Bourges, France, is a joint venture between BAE Systems, UK and Nexter, France.