Ultra Electronics Holdings Plc (ULE.L) Monday announced that its Sonar Systems business has been awarded a contract worth 9.9 million pounds for provision of its Sea Sentor Surface Ship Torpedo Defence, or SSTD system, to be used for New Zealand's ANZAC Frigate Systems Upgrade programme.
Under this contract the Group will deliver two Sea Sentor SSTD Systems. The ANZAC FSU project will upgrade the surveillance, combat and self-defence capabilities of the ANZAC frigates to match current and future threats and address obsolescence of some of the current systems, the firm said.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.