OverviewSuggest Edit

Ultra Electronics is a provider of application-engineered solutions for mission critical and intelligent systems in the defense, security, and critical detection and control markets. It designs and supplies maritime sonar, radar, acoustic expendables, signature management and power systems; intelligence, communications, command and control, cyber security and electronic warfare solutions; safety and mission-critical solutions to the military and commercial aerospace markets; ballistic identification and forensic analysis solutions; nuclear safety sensors and systems. The company also offers low-to-medium volume electronics manufacturing solutions, managed cyber security services, and global business services.

TypePublic
Founded1920
HQLondon, GB
Websiteultra.group
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2019)4,089
Job Openings291
Revenue (FY, 2019)£825.4 M(+8%)
Share Price (Jun 2021)£20.9
Cybersecurity ratingAMore

Key People/Management at Ultra Electronics

Simon Pryce

Simon Pryce

Chief Executive Officer
Jos Sclater

Jos Sclater

Chief Financial Officer
Louise Ruppel

Louise Ruppel

General Counsel & Company Secretary
Richard Cashin

Richard Cashin

President, Strategy & Corporate Development
Andrew Puryear

Andrew Puryear

Chief Technology Officer
Steve Izquierdo

Steve Izquierdo

Chief Human Resources Officer
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Ultra Electronics Office Locations

Ultra Electronics has offices in London, Brockworth, Burridge, Cambridge and in 32 other locations
London, GB (HQ)
35 Portman Square, Marylebone
Brockworth, GB
1142 Regent Ct
Burridge, GB
316 Botley Rd
Cambridge, GB
St Johns Innovation Park, 20 Cowley Rd
Cheltenham, GB
Arle Court, Hatherley Ln
Farnborough, GB
A8 Cody Technology Park, Ively Rd
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Ultra Electronics Financials and Metrics

Ultra Electronics Revenue

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Ultra Electronics's revenue was reported to be £825.4 m in FY, 2019 which is a 7.6% increase from the previous period.
GBP

Revenue (H1, 2020)

413.1m

Gross profit (H1, 2020)

111.7m

Gross profit margin (H1, 2020), %

27%

Net income (H1, 2020)

24.3m

EBIT (H1, 2020)

45.3m

Market capitalization (11-Jun-2021)

1.5b

Closing stock price (11-Jun-2021)

20.9

Cash (30-Jun-2020)

93.1m

EV

1.6b
Ultra Electronics's current market capitalization is £1.5 b.
Annual
GBPFY, 2017FY, 2018FY, 2019

Revenue

775.4m766.7m825.4m

Revenue growth, %

(1%)(1%)8%

Cost of goods sold

545.2m544.6m586.3m

Gross profit

230.2m222.1m239.1m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Revenue

350.5m387.1m413.1m

Cost of goods sold

254.8m282.7m301.4m

Gross profit

95.7m104.4m111.7m

Gross profit Margin, %

27%27%27%
Annual
GBPFY, 2017FY, 2018FY, 2019

Cash

149.5m96.3m82.2m

Accounts Receivable

101.4m105.3m108.4m

Inventories

76.6m88.6m90.7m

Current Assets

443.3m429.0m412.5m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Cash

124.4m92.9m93.1m

Accounts Receivable

203.3m216.8m210.2m

Inventories

91.9m99.6m110.0m

Current Assets

430.4m416.6m436.1m
Annual
GBPFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

42.2m41.3m38.3m

Inventories

(2.1m)(10.2m)(5.7m)

Accounts Payable

24.4m4.0m(13.9m)

Cash From Operating Activities

77.6m86.7m94.6m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Depreciation and Amortization

20.1m21.6m18.3m

Inventories

(13.0m)(9.4m)(14.8m)

Accounts Payable

(22.4m)(17.0m)20.3m

Cash From Operating Activities

4.9m14.0m61.3m
GBPFY, 2017

EV/EBIT

22.2 x

EV/CFO

17.6 x

Revenue/Employee

185.9k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2.1 x

P/E Ratio

0.3
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Ultra Electronics Operating Metrics

Ultra Electronics's Backlog was reported to be £983.9m in FY, 2018.
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Ultra Electronics Acquisitions / Subsidiaries

Company NameDateDeal Size
SpartonJuly 07, 2017$235 m
Furnace PartsOctober 14, 2015$12 m
Kratos Defense and Security SolutionsJune 01, 2015$265 m
W&D Holdings LimitedOctober 28, 2013£6 m
RFIJune 07, 2012$12.5 m
3e Technologies InternationalJanuary 10, 2011$30 m
AEP Networks LimitedJanuary 10, 2011$57.5 m
ScytaleOctober 19, 2009
Avalon SystemsJuly 08, 2009$16.5 m
Tisys SAMay 21, 2009
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Ultra Electronics Revenue Breakdown

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Ultra Electronics revenue breakdown by business segment: 43.2% from Maritime & Land, 31.9% from Communications & Security and 25.0% from Aerospace & Infrastructure

Ultra Electronics revenue breakdown by geographic segment: 60.9% from North America, 11.6% from Rest of World, 6.8% from Continental Europe and 20.7% from United Kingdom

Human Capital Metrics

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Ultra Electronics Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Ultra Electronics Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Ultra Electronics Online and Social Media Presence

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Ultra Electronics News and Updates

Sonobuoy Launcher Market Size, Share & Forecasts Analysis by 2027 - Marshall Aerospace and Defence Group, MES S.P.A., Systems Engineering Associates Corporation, SAES, Ultra Electronics

Sonobuoy Launcher Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Multiple Rotary Launch System and Single Launch System), Ejection Platform (Aircraft and Ships), and Geography Posted via Industry Today. Follow us on Twitter @IndustryToday

SONAR Systems and Technology Market Worth Observing Growth | Northrop Grumman, Teledyne Reson, Ultra Electronics

The SONAR Systems and Technology Market has witnessed continuous growth in the last few years and is projected to grow even further during the forecast period of 2020-2026. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. Posted via Industry Today. Fol…

Ultra Electronics shares jump as firm benefits from increased US defence spend

Defence engineering firm Ultra Electronics jumped 9.7 per cent today after it hiked its interim dividend. The FTSE 250 company [...] The post Ultra Electronics shares jump as firm benefits from increased US defence spend appeared first on CityAM.

Ultra Electronics Frequently Asked Questions

  • When was Ultra Electronics founded?

    Ultra Electronics was founded in 1920.

  • Who are Ultra Electronics key executives?

    Ultra Electronics's key executives are Simon Pryce, Jos Sclater and Louise Ruppel.

  • How many employees does Ultra Electronics have?

    Ultra Electronics has 4,089 employees.

  • What is Ultra Electronics revenue?

    Latest Ultra Electronics annual revenue is £825.4 m.

  • What is Ultra Electronics revenue per employee?

    Latest Ultra Electronics revenue per employee is £201.9 k.

  • Who are Ultra Electronics competitors?

    Competitors of Ultra Electronics include Raytheon Systems, Rheinmetall and General Dynamic Mission Systems.

  • Where is Ultra Electronics headquarters?

    Ultra Electronics headquarters is located at 35 Portman Square, Marylebone, London.

  • Where are Ultra Electronics offices?

    Ultra Electronics has offices in London, Brockworth, Burridge, Cambridge and in 32 other locations.

  • How many offices does Ultra Electronics have?

    Ultra Electronics has 37 offices.