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Name | Symbol | Market | Type |
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ProShares Ultra Euro | AMEX:ULE | AMEX | Exchange Traded Fund |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.1001 | 0.87% | 11.6701 | 11.6701 | 11.60 | 11.66 | 5,416 | 20:15:00 |
RNS Number:9008R Ultra Electronics Holdings PLC 11 November 2003 Embargoed until 0700 11 November 2003 Ultra Electronics Holdings plc ("Ultra" or "the Group") Ultra to supply HiPPAG for US unmanned combat air vehicle programme Ultra announces that its Precision Air Systems business is to supply its HiPPAG airborne high pressure air compressor for Boeing's X-45 Unmanned Combat Air Vehicle (UCAV) programme. HiPPAG will be located in the integrated weapons bay hoist and will provide the pneumatic energy required to eject munitions from the X-45 unmanned aircraft. The X-45 Joint Unmanned Combat Air System (J-UCAS) is being developed by Boeing's Phantom Works to demonstrate the military value of UCAV systems for the US Air Force and Navy. The X-45 J-UCAS aircraft is derived from the X-45A technology demonstrators that continue in flight test to verify their suitability for various USAF and USN missions. Dr Julian Blogh, Chief Executive, Ultra Electronics, commented: "The selection of Ultra's unique HiPPAG compressors for the X-45 J-UCAS programme is an important strengthening of the Group's position in the strategic and fast growing unmanned vehicle equipment sector. It augments the success of HiPPAG on US Navy F/A-18 E/F aircraft in recent operations and also its selection for use in the weapons ejection system of the F-35 Joint Strike Fighter aircraft. Boeing has also adopted HiPPAG for its Small Diameter Bomb programme in order to launch small, smart munitions from existing USAF and USN aircraft." - Ends - Enquiries: Ultra Electronics Holdings plc 020 8813 4300 Dr Julian Blogh, Chief Executive www.ultra-electronics.com information@ultra-scs.com Weber Shandwick Square Mile 020 7067 0700 Susan Ellis or Susanne Walker NOTES TO EDITORS: Ultra Electronics is a group of specialist businesses designing, manufacturing and supporting electronic and electromechanical systems, sub-systems and products for aircraft, ships, submarines, armoured vehicles, airports and transport systems worldwide. The Group, which employs 2,700 people in the UK and North America, focuses on high integrity sensing, control, communication and display systems with an emphasis on integrated Information Technology solutions. The Group concentrates on obtaining a technological edge in niche markets, with many of its products and technologies being market leaders in their field. Ultra has an increasing role of supporting prime contractors by undertaking specialist system and sub-system integration using the combined expertise of the Group businesses. Ultra is organised into three divisions as follows: Tactical & Sonar Systems including secure tactical line-of-sight radio systems, multiplexers and switches; tactical datalinks; cryptographic equipment; active, passive and multi-static sonobuoys; sonobuoy receivers and processors; distributed surveillance sensor arrays; ship's sonar systems and ship's torpedo defence systems Aircraft & Vehicle Systems including miniature airborne compressors; high integrity software and systems; aircraft system electronics; aircraft noise and vibration control; propeller de-icing, balancing and control systems; armoured vehicle electronic information and control systems, human/computer interface equipment and shared working environment solutions. Information & Power Systems including command and control systems equipment; weapons interfacing electronics; radar tracking; electro optical tracking; surveillance systems; naval data processing and distribution; airport and airline information management systems; ID card systems; naval power conversion; signature management of naval vessels; transit system power conversion and control. This information is provided by RNS The company news service from the London Stock Exchange END CNTGUGRGGUPWGMU
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