Global InformationUltra Electronics information
 | |
| Company type | subsidiary |
|---|---|
Traded as |
|
| Industry | Defence, security, critical detection & control |
| Founded | 1920 |
| Headquarters | London, UK |
Area served | Worldwide |
Key people | Tony Rice, Chairman Simon Pryce Chief Executive |
| Products | Underwater expendables Sonar sensors and systems Radar systems Signature management & power systems Communications Command, control & intelligence Cyber, Radio frequency Data and power management, Position sensing & control Stores ejection & management Sensors Instrumentation & control Automated ballistics identification |
| Revenue |  £850.7 million (2021)[1] |
Operating income | £105.9 million (2021)[1] |
Net income | £66.9 million (2021)[1] |
Number of employees | 4,500 (2022)[2] |
| Parent | Advent International |
| Website | www.ultra.group |
Ultra Electronics Holdings is a British defence and security company. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Cobham, which is itself owned by Advent International.[3]
The company was originally founded as Edward E. Rosen & Co., a manufacturer of headphones and loudspeakers, in 1920. In 1925, a new company, known as Ultra Electric Ltd., was established. During 1930, the firm launched its first all-electric radio receiver; it produced numerous domestic radio receivers around this time. Ultra diversified into aviation during the Second World War, building fuselage elements and engine components. Relaunching itself into the civilian markets following the conflict, Ultra started producing television sets in 1953. In 1961, Ultra's consumer electronics interests became part of Thorn Electrical Industries.
During 1977, Ultra Electronics was bought by the Dowty Group and regained its independence via a management buyout in 1993. Into the twenty-first century, it has continued to be an active supplier to the aerospace sector; various companies, including Bombardier Aerospace and Airbus, have chosen to incorporate Ultra Electronics' noise reduction and vibration dampening products onto their aircraft. By 2005, Ultra Electronics was ranked as the 66th biggest aerospace company in the world. In August 2021, the British aerospace and defence company, Cobham, agreed to acquire Ultra Electronics in exchange for £2.6 billion.
- ^ a b c "Annual Results 2021" (PDF). Ultra Electronics. Retrieved 23 March 2022.
- ^ "Who we are". Ultra Electronics. Retrieved 17 February 2022.
- ^ "Cobham Seals £2.6B Purchase Of Defense Co. After Court OK - Law360". www.law360.com. Retrieved 4 August 2022.