Ultra Electronics Maritime Systems Awarded Contract for Phase Two of LFHUSS Upgrade for Korea
(firmenpresse) - DARTMOUTH, NOVA SCOTIA -- (Marketwired) -- 08/08/13 -- Ultra Electronics Maritime Systems Inc. (UEMS) (LSE: ULE) is pleased to announce that it has been awarded a $1.1M contract by the Agency for Defense Development (ADD) of the Republic of Korea. Under the contract, UEMS will implement the second phase of a project to upgrade the Low Frequency High-power Underwater Sound Source (LFHUSS) system that the company previously delivered to ADD.
"UEMS delivered the original LFHUSS system to us more than ten years ago," stated Yonggon Lee, Senior Researcher at ADD. "However, with these phases of technology insertion and upgrades, the company has added the additional capability that is essential to our advanced research in underwater surveillance and anti-submarine warfare."
Dan Simard, UEMS' Director Business Development, said "We continue to strengthen and broaden our valued relationship with ADD in this and other undersea surveillance applications. As a defense laboratory at the forefront of technology, they present us with welcome challenges to engineering and innovation."
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ABOUT THE AGENCY FOR DEFENSE DEVELOPMENT
The Agency for Defense Development was established in August 1970 and is the only national agency in the Republic of Korea for R&D in defense technology contributing to national defense, to improving the national R&D capacity, and to fostering the domestic industry.
ABOUT ULTRA ELECTRONICS MARITIME SYSTEMS
Ultra Electronics Maritime Systems Inc (UEMS) is an international leader in the development of equipment and systems for undersea surveillance and anti-submarine warfare (ASW). Established in Dartmouth, Nova Scotia, Canada in 1947, UEMS delivers sophisticated sonar systems to navies around the world including Multi-static Active Passive Sonar for the Dutch Navy, Integrated Sonar Suite for the Royal Australian Navy, and the Surface Ship Torpedo Defence System for the Royal Navy. UEMS provides unique engineering, development, manufacturing, test, evaluation, and management capabilities to develop and deliver advanced electronic, electromechanical, and underwater sensor systems for military applications.
Contacts:
Dan Simard
Director of Business Development
1.902.461.3336
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Datum: 08.08.2013 - 06:03 Uhr
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News-ID 1252927
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