Investments
1Partners & Customers
10About Ultra Electronics
The Ultra Electronics Group manages a wide range of specialist capabilities, generating highly-differentiated solutions and products in the Defence & Aerospace, Security & Cyber, Transport and Energy markets.
Ultra Electronics Headquarters Location
35 Portman Square
London, England, W1H 6LR,
United Kingdom
+44 (0) 20 8813 4321
Ultra Electronics Web Traffic
Ultra Electronics Rank
Latest Ultra Electronics News
Apr 19, 2021
Ultra Electronics Subsidiary Awarded $70M Navy Transducer Production IDIQ Ultra Electronics Subsidiary Awarded $70M Navy Transducer Production IDIQ Ultra Electronics The Naval Undersea Warfare Center Division in Newport, Rhode Island, is the contracting activity and awarded the indefinite-delivery/indefinite-quantity contract to Ultra Electronics Ocean Systems through a full and open competition, the Department of Defense said Friday. The service will obligate $5.85 million in fiscal 2021 other procurement funds and $321,867 in fiscal 2021 operation and maintenance funds at the time of award of the initial delivery order under the IDIQ contract. Work will occur in Massachusetts through April 2026. Navy received one bid through the competition. Ultra’s hull-mounted transducers are designed to ensure operational advantage in the underwater battlespace by enabling naval fleets to detect undersea vehicles. If you're interested in the U.S. Navy then check out the Potomac Officers Club's 2021 Navy Forum coming up on May 12. Click here to learn more. Share
Ultra Electronics Investments
1 Investments
Ultra Electronics has made 1 investments. Their latest investment was in Magicard as part of their Other Investors on .
Ultra Electronics Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
Other Investors | Magicard | Yes | 1 |
Date | |
|---|---|
Round | Other Investors |
Company | Magicard |
Amount | |
New? | Yes |
Co-Investors | |
Sources | 1 |
Ultra Electronics Acquisitions
4 Acquisitions
Ultra Electronics acquired 4 companies. Their latest acquisition was Forensic Technology WAI on May 01, 2014.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
5/1/2014 | Acquired | 1 | ||||
9/30/2011 | Other Venture Capital | |||||
1/4/2011 | ||||||
6/5/2008 |
Date | 5/1/2014 | 9/30/2011 | 1/4/2011 | 6/5/2008 |
|---|---|---|---|---|
Investment Stage | Other Venture Capital | |||
Companies | ||||
Valuation | ||||
Total Funding | ||||
Note | Acquired | |||
Sources | 1 |
Ultra Electronics Partners & Customers
10 Partners and customers
Ultra Electronics has 10 strategic partners and customers. Ultra Electronics recently partnered with Boeing on August 8, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/3/2022 | Client | United States | `` This contract demonstrates Ultra Electronics 's long term strategic and collaborative relationship with Boeing . | 1 | |
1/12/2022 | Client | India | Ultra and Mahindra win £60 million contract with Indian Navy We are very proud of and committed to this programme , and to our long-term partnership with Mahindra Defence to deliver outstanding solutions to the Indian Navy . '' | 1 | |
9/8/2021 | Partner | United States | Ultra Electronics is pleased to announce it has entered into agreement for the 5th year of in-service support for the Australian Hobart Class guided-missile destroyer ships together with Raytheon . | 1 | |
4/26/2021 | Client | ||||
4/21/2021 | Client |
Date | 8/3/2022 | 1/12/2022 | 9/8/2021 | 4/26/2021 | 4/21/2021 |
|---|---|---|---|---|---|
Type | Client | Client | Partner | Client | Client |
Business Partner | |||||
Country | United States | India | United States | ||
News Snippet | `` This contract demonstrates Ultra Electronics 's long term strategic and collaborative relationship with Boeing . | Ultra and Mahindra win £60 million contract with Indian Navy We are very proud of and committed to this programme , and to our long-term partnership with Mahindra Defence to deliver outstanding solutions to the Indian Navy . '' | Ultra Electronics is pleased to announce it has entered into agreement for the 5th year of in-service support for the Australian Hobart Class guided-missile destroyer ships together with Raytheon . | ||
Sources | 1 | 1 | 1 |
Ultra Electronics Team
6 Team Members
Ultra Electronics has 6 team members, including former Chief Executive Officer, Rakesh Sharma.
Name | Work History | Title | Status |
|---|---|---|---|
Rakesh Sharma | Chief Executive Officer | Former | |
Joseph Murray | Executive Vice President | Former | |
Ray Munoz | L3 Technologies, LSI Corporation, and U.S. Navy | Senior Vice President | Former |
Sonia Freed | Managing Director | Former | |
Gavin Newport | Managing Director | Former |
Name | Rakesh Sharma | Joseph Murray | Ray Munoz | Sonia Freed | Gavin Newport |
|---|---|---|---|---|---|
Work History | L3 Technologies, LSI Corporation, and U.S. Navy | ||||
Title | Chief Executive Officer | Executive Vice President | Senior Vice President | Managing Director | Managing Director |
Status | Former | Former | Former | Former | Former |
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