MarketUltra Electronics
Company Profile

Ultra Electronics

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.

History
Early activities The company that would eventually become Ultra Electronics was started by wireless specialist Teddy Rosen as Edward E. Rosen & Co. during 1920. The firm was initially focused upon the manufacture of high quality headphones and loudspeakers. During 1923, the company relocated to new premises at Harrow Road, London. In 1925, a new company, known as Ultra Electric Ltd., was formed; the Ultra name had been previously used for one of its products, the first commercial moving iron loudspeaker. During the 1930s, Ultra manufactured a wide range of domestic radio receivers including the Blue Fox, Lynx, Panther and Tiger models. During the Second World War, Ultra diversified into aviation; the Short Stirling was the first aircraft to incorporate their products, the company acting as a subcontractor to produce tails and bomb doors for the bomber. Ultra would produce a wide range of aerostructures for numerous aircraft throughout the conflict. The firm solely focused on wartime demands, only relaunching itself into the civilian market during 1947, although it would continue to have an interest in the military sector during the post-war period. In 1961, Ultra's consumer electronics interests became part of Thorn Electrical Industries, who continued to manufacture products using the Ultra brandname until 1974. In 1962, Ultra developed their Search and Rescue and Homing (SARAH) radio beacon, this would be widely used throughout the world. Reemergence In 1993, Ultra was the subject of a management buyout, led by Julian Blogh, of seven Dowty Group plc companies which formed the Dowty Group Electronic Systems Divisions, which had been previously acquired by TI Group during 1992. In September 1995, Ultra Electronics received its first major export order from the American government, to supply support equipment for its McDonnell Douglas AV-8B Harrier II fleet. It was floated on the London Stock Exchange in 1996. During the late 1990s, Ultra Electronics began to vigorously promote its active noise control systems, marketed as UltraQuiet: the firm argued that aircraft manufacturers can deploy it to decrease cabin noise, which has been a traditionally prevalent drawback of turboprop-powered aircraft, such as regional airliners, in comparison to their jet-powered counterparts. It also developed further noise reduction technologies during this period. Various companies, including Bombardier Aerospace and Airbus, have chosen to incorporate Ultra Electronics' noise reduction and vibration dampening products onto their aircraft. According to Flight International, since regaining its independence in the 1990s, the corporate strategy of Ultra Electronics appears to have been slanted towards maintaining a diverse product range, avoiding any large exposures to a single market, as well as being intentionally widely dispersed geographically. In 2000, Ultra Electronics acquired Datel Ferranti Group. As the latter is a key national security and defence contractor and Cobham is American owned, the acquisition was the subject of a national security review. In July 2022, the UK government approved the transaction subject to undertakings by Cobham and Ultra. ==Operations==
Operations
The company operates under five strategic business units; Maritime, Intelligence & Communications, Precision Control Systems, Energy and Forensic Technology. It has facilities in the UK, North America and Australia. In January 2020, Ultra launched new branding. == See also ==
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