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Ultra Electronics Holdings PLC

  • Friday, 1 May, 2026
    Aerospace & Defence
    Ultra Electronics agrees £15mn deal to avoid prosecution by UK SFO

    Defence company accused of failing to prevent bribery in Algeria and Oman

    An Italian Air Force Eurofighter Typhoon jet flies above snow-dusted fields during a Nato air policing mission.
  • Thursday, 23 June, 2022
    Mergers & Acquisitions
    UK ‘minded to accept’ conditions on £2.6bn deal for defence specialist Ultra

    Cobham’s bid to take over rival moves a step closer to approval during consultation into security concerns

  • Sunday, 22 August, 2021
    UK industrial strategy
    Decision time for Britain on sale of key defence assets

    Planned takeover of Ultra by a US private equity firm will be a key test of Boris Johnson’s industrial policy

    HMS Vigilant, one of four Vanguard -class submarines that is armed with Trident
  • Sunday, 22 August, 2021
    Aerospace & Defence
    The FT View. The UK’s piecemeal approach to foreign bids

    The referral of Cobham’s bid for Ultra will be a bellwether

    The editorial board
  • Thursday, 19 August, 2021
    FT News Briefing podcast11 min listen
    Afghanistan’s former central bank chief warns of dollar shortage and inflation

    Washington has blocked access to Afghan reserves in US banks as IMF weighs approval of $460m in pandemic funding

  • Wednesday, 18 August, 2021
    Aerospace & Defence
    UK government intervenes in £2.6bn Ultra Electronics takeover by Cobham

    Business secretary Kwasi Kwarteng orders competition watchdog to assess ‘national security issues’ over sale to US-owned rival

    Trident nuclear missile submarine
  • Wednesday, 18 August, 2021
    FT News Briefing podcast9 min listen
    The Taliban has renewed an amnesty offer to government workers

    Islamist group seeks to strike moderate tone in first press conference but Afghans fear reprisals

  • Monday, 16 August, 2021
    Aerospace & Defence
    Cobham agrees to buy rival UK defence group Ultra for £2.6bn

    Deal comes amid questions on government’s ‘watching brief’ and concerns about hollowing-out of UK defence sector

    An Italian Air Force Eurofighter Typhoon fighter, which uses technology from both Cobham and Ultra Electronics
  • Monday, 16 August, 2021
    Mergers & Acquisitions
    UK government must play defence on Ultra takeover

    US-owned Cobham’s move to buy MoD tech supplier is test of Britain’s new security regime

    Helen Thomas
    A Cobham Aerospace air-to-air refuelling operation
  • Monday, 26 July, 2021
    Mergers & Acquisitions
    UK signals it may intervene in Cobham’s pursuit of Ultra

    Government taking ‘active interest’ in proposed merger on national security concerns

    An F35 Lightning II aircraft
  • Friday, 23 July, 2021
    Cobham PLC
    Lex. Ultra/Cobham: defence deal may merit torpedoing

    Takeover move should set UK government’s early warning systems pinging

    Premium content
    A submarine
  • Friday, 23 July, 2021
    Cobham PLC
    UK defence group Cobham launches £2.6bn bid for rival Ultra Electronics

    Engineering supplier’s shares surge as private equity-backed group makes cash offer

    An RAF Typhoon aircraft in Scotland
  • Friday, 23 July, 2021
    City Bulletin
    Cobham launches £2.6bn bid for rival Ultra Electronics

    Plus, ECB divisions and Unilever’s ice cream headache

    Premium content
  • Friday, 25 June, 2021
    Aerospace & Defence
    Cobham sets sights on UK rival Ultra Electronics

    Private equity-backed aerospace group adds to wave of interest from buyout firms in UK companies

  • Friday, 10 April, 2020
    Investments
    Investors Chronicle: Ultra Electronics, Reach, easyJet

    Companies analysis from our sister publication

  • Friday, 8 March, 2019
    Investments
    Debenhams and Metro Bank among most-shorted UK stocks

    Defence group Ultra Electronics heads the list following profit warnings

    Shoppers walk past Debenhams store in Oxford Street, London on October 25, 2018.
  • Wednesday, 6 March, 2019
    Aerospace & Defence
    Hedge funds suffer losses after Ultra shares surge

    Second most shorted stock in UK delivers better than expected results

    FILE - In this Thursday, April 27, 2017 file photom, George Soros, Founder and Chairman of the Open Society Foundation, waits for the start of a meeting at EU headquarters in Brussels. (Olivier Hoslet/Pool Photo via AP)
  • Thursday, 19 April, 2018
    UK defence industry
    Ultra hit as SFO probes ‘suspected corruption’ in Algeria

    Shares in defence electronics supplier fall 7% after ‘self-reporting’ issue to UK watchdog

    The Hai Lung SS-793 diesel-electric submarine emerges from underwater during a during a drill near Yilan naval base, Taiwan April 13, 2018. REUTERS/Tyrone Siu
  • Thursday, 19 April, 2018
    UK defence industry
    SFO opens criminal probe into defence group Ultra Electronics

    FTSE 250 group says probe relates to ‘conduct of business in Algeria’

  • Thursday, 22 March, 2018
    UK companies
    Ultra Electronics appoints new CEO
  • Monday, 5 March, 2018
    UK defence industry
    Lex. Ultra Electronics: under water

    Failure of Sparton deal dents bull case for the UK defence specialist

    Premium content
    PORTSMOUTH - MARCH 26:  Crew members of H.M.S. Ramsey demonstrate their mine detection equipment at H.M. Naval Base Portsmouth, England on March 26, 2003. The ship along with H.M.S. Shoreham will be leaving at the end of the week to take part in the search for mines outside the port of Umm Qsar in Iraq.  (Photo by Julian Herbert/Getty Images)
  • Monday, 5 March, 2018
    European equities
    Stocks to watch: Ultra Electronics, Interserve, Bovis, Siltronic, Axa

    Tesco and Morrison tipped as Jefferies turns positive on grocers

    D5WTHE Yellow demolition crane indicates towards Interserve sign
  • Thursday, 11 January, 2018
    Aerospace & Defence
    US defence exposure helps support Ultra Electronics; shares up 17%
  • Monday, 13 November, 2017
    Aerospace & Defence
    Lex. Ultra Electronics: maxed out

    Who is responsible for the ill-fated acquisition spree and accounting issues? 

    Premium content
    A mannequin dressed in combat fatigues displays a ‘dismounted soldier system’ created by Ultra Electronics
  • Monday, 13 November, 2017
    UK defence industry
    Ultra Electronics shares tumble after profit warning

    UK defence group hit by spending cuts confirms departure of chief executive

    A mannequin dressed in combat fatigues displays a ‘dismounted soldier system’ created by Ultra Electronics
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