Additional Information
Market: LSE
Sector: Electronic & Electrical Equipment
EPIC: ULE
Latest Price: 1,591.00p  (0.19% Ascending)
52-week High: 1,855.00p
52-week Low: 1,265.00p
Market Cap: 1,097.72M
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Ultra Electronics
www.ultra-electronics.com
 Ultra Electronics is a group of specialist businesses designing, manufacturing and supporting electronic and electromechanical systems, sub-systems and products for defence, security and aerospace applications worldwide.
 
 
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Ultra Electronics extends £120 million facility due September 2013

8th Feb 2010, 12:32 pm Ultra Electronics extends £120 million facility due September 2013

Ultra Electronics (LSE: ULE) has signed a new £120 million bank facility to replace an existing facility of the same size, which was set to mature in November 2010, while the new one will not be due until September 2013.

Ultra Electronics also has a £80 million facility maturing in September 2011.

Ultra Electronics is a group of specialist businesses designing, manufacturing, and supporting electronic and electromechanical systems, sub-systems and products for defence, security and aerospace applications worldwide.

The company has recently won a £20 million contract to provide Electricite de France’s (EuroNext-PARIS: EDF) British Energy unit with high integrity sensors for use in its nuclear reactors, which is expected to be completed in 2014.

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