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Ultra Maritime

Ultra Maritime

Head Office Location in Canada: 

Dartmouth, NS

Defence related locations/operations within Canada:

Dartmouth, NS; Peterborough, ON

Senior officer for Canadian operations:

Rochelle Borden, Managing Director

Annual Sales: 

$70M

Ticker Symbol:

ULE (LSE)

Number of Employees:

350 Canada; 2,200 Worldwide

Percentage of business - defence related:

100%

Percentage of business within Canada:

42%

Current DND Projects:

• CSC Underwater Warfare Suite • Halifax Class Frigate – Underwater Warfare Suite Upgrade (UWSU) hardware with General Dynamics • Sonobuoys distribution to the Royal Canadian Navy • Several Innovation for Defence Excellence and Security (IDEaS) Programs

Level of investment in R&D:

Ultra Maritime invests approximately 18% of annual revenue into internal R&D

Primary Activities, products, services:

The Company produces: • Sea Searcher (Hull Mounted Sonar) • Sea Sabre (Dual Tow Towed Array Sonar) • Sea Sentor (Ship Torpedo Defence System) • Various Sonobuoys of all types (Ultra Maritime maintains 60%+ of the global sonobuoy market).
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