In January 2020 we announced a major new goal: to unify our businesses and become ONE Ultra.

ONE Ultra shares a common purpose - to innovate today for a safer tomorrow - and a clear vision - to become a leading partner for our customers, delivering outstanding solutions to their most complex problems in defence, security, critical detection & control.

Our new identity as ONE Ultra will bring many benefits to our stakeholders:

For our Employees: Dedication to creating a dynamic, inclusive and inspiring work environment that attracts, develops and retains the best diverse talent pool

For our Customers: To partner with customers, delivering innovative solutions that create 'win-win' outcomes for all parties

For our Suppliers: To develop group-wide partners with like-minded values that provide best-value solutions, technical innovation and support mutual success, fairness and respect

For our Communities: A pledge to conduct business in an ethical, safe and sustainable way, acting as a positive force and making an active contribution to our communities

And for our Investors: Delivering outstanding through cycle-value for shareholders, through effective execution of Ultra's strategy

To support our goal of becoming ONE Ultra, our Group will be re-organised from 1 January 2021 around our key capabilities and technologies, replacing our historic site-based model. We will be formed of five Strategic Business Units: Maritime; Intelligence & Communications; Precision Control Systems; Forensic Technology; and Energy.

Enquiries:

Gabby Colley, Head of Investor Relations +44 (0) 7891 206239

Investor.relations@ultra-electronics.com

About Ultra

We are applications engineers and trusted partners in the design, development and production of the key elements of mission critical, intelligent and highly regulated systems.

ultra.group

Notes to Editors:

How Ultra's previous business identities fit into our new organizational design:

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Ultra Electronics Holdings plc published this content on 07 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2020 08:42:04 UTC