Ultra Maritime Receives $99 Million Other Transaction Agreement from U.S. Navy for Q53H Sonobuoys

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Sep 26, 2024, 10:00 ET

COLUMBIA CITY, Ind., Sept. 26, 2024 /PRNewswire/ -- Ultra Maritime has been awarded a Sole Source Firm Fixed Priced contract in the amount of $99,999,738.00 for the AN/SSQ-53H Sonobuoy Low Rate Initial Production (LRIP) for the Navy in support of annual training, peacetime operations and testing expenditures, as well as, to maintain sufficient inventory to support the execution of major combat operations based on naval munitions requirements process.

Ultra Maritime offers a comprehensive family of sonobuoys that provide the full breadth of all detection, tracking and identification mission requirements and are built to industry-leading performance, quality and reliability standards.

"With our LRIP award for the Q53 sonobuoys, we at Ultra Maritime are honored to play a pivotal role in advancing anti-submarine warfare capabilities for the U.S. Navy and our allied nations," expressed Ed Cook, Vice President and General Manager of Ultra Maritime U.S. "Our dedicated team of engineers and manufacturing experts work tirelessly to rapidly design, test and deliver hundreds of thousands of sonobuoys annually, reinforcing naval defense operations globally. This commitment underscores our unwavering dedication to enhancing maritime security and safeguarding international waters."

Ultra Maritime recently made the largest investment in company history for a more streamlined production capability and reliable delivery of these new sonobuoys. The company offers a full range of sonobuoys and is the only manufacturer of G size (half-size) buoys used internationally.

About Ultra Maritime

Ultra Maritime provides innovative multi-missions solutions for surface, sub-surface and unmanned platforms that protect and empower allied naval forces worldwide. Headquartered in Braintree, Massachusetts, Ultra Maritime employs more than 2,300 engineers and manufacturing experts worldwide, specializing in state-of-the-art sonar systems, radar, expendables, signature management and naval power systems. With major locations in the U.S., Canada, UK and Australia, Ultra Maritime is primed to support customers' maritime missions around the globe.

Visit our website www.umaritime.com, and follow us on LinkedIn.

SOURCE Ultra Maritime