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Next Generation Sonobuoys - Ultra Maritime - June 2024

Ultra Maritime Receives $49 Million Other Transaction Agreement from U.S. Navy for Q62 Next Generation Sonobuoys Under the Naval Aviation Systems Consortium

Ultra Maritime Receives $49 Million Other Transaction Agreement from U.S.
Navy for Q62G Sonobuoys under the Naval Aviation Systems Consortium

Ultra Maritime is the first and only qualified provider of the Q-62 and Q-53 sonobuoys.

COLUMBIA CITY, Indiana – July 29, 2024 – Ultra Maritime has been awarded a Sole Sourced Firm Fixed Priced contract in the amount of $49,000,000.00 for the AN/SSQ-62G 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.

Esco Acquires SMaP

ESCO Technologies Acquires Ultra Maritime SMaP

ESCO Technologies announced yesterday the acquisition of Ultra Maritime’s Signature Management and Power (SMaP) line of business. Ultra Maritime would like to recognize the SMaP team for their innovative work, unique expertise and dedication to meeting commitments. SMaP has become a recognized industry leader for some of the most mission-critical submarine and surface ship technologies in both the UK and U.S. Leadership at both ESCO and Ultra Maritime have remarked that the success of SMaP is due to the people who show up every day. As the process to final closing moves ahead, Ultra Maritime sends our sincere appreciation to the entire SMaP team for all they have done for our customers and business, and acknowledge their bright future delivering for customers’ missions as a key part of ESCO Technologies.

Read the full press release at
https://investor.escotechnologies.com/news-releases/news-release-details/esco-announces-acquisition-navy-supplier