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Thu, January 17, 2013Wed, January 16, 2013Tue, January 15, 2013Mon, January 14, 2013Sat, January 12, 2013Fri, January 11, 2013Thu, January 10, 2013Wed, January 9, 2013Tue, January 8, 2013Mon, January 7, 2013Ultra Electronics Maritime Systems Awarded Contract to Upgrade LFHUSS for Korea
Published in Business and Finance on Monday, January 14th 2013 at 3:00 GMT by Market Wire
January 14, 2013 05:00 ET
Ultra Electronics Maritime Systems Awarded Contract to Upgrade LFHUSS for Korea
DARTMOUTH, NOVA SCOTIA--(Marketwire - Jan. 14, 2013) - Ultra Electronics Maritime Systems Inc. (UEMS) (LSE:ULE) is pleased to announce that it has been awarded a contract by the Agency for Defense Development (ADD) of the Republic of Korea. Under the contract, UEMS will implement the first phase of a multi-phase project to upgrade the Low Frequency High-Power Underwater Sound Source (LFHUSS) system that the company previously delivered to the ADD.
"We have been very pleased with the performance and reliability of UEMS's low frequency system. The system was designed for technology insertion. The upgrades to be implemented by UEMS will deliver the state of the art performance essential to ADD's advanced research in underwater surveillance and anti-submarine warfare" stated Yonggon Lee, Senior Researcher at ADD.
According to Dan Simard, UEMS's Director Business Development, "We value our relationships with defence laboratories around the world and are privileged to have the ADD as a strategic customer. The agency's thought leadership in underwater technology contributes to our capability to deliver the most advanced sonars in the world."
For more information please visit [ www.ultra-ms.com ]
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 INC.
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.
