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.