DEFENCESECURITYTRANSPORTENERGY

Innovative specialist solutionsacross a broad range of capabilitiesfocused on customer need

making a difference

AVIONICS

MANNED AIRCRAFT SYSTEMS

AIRCRAFT WEAPON SYSTEMS

UNMANNED AIRBORNE VEHICLE SYSTEMS

MANNED NAVAL VESSEL SYSTEMS

UNMANNED NAVAL SYSTEMS

NAVAL WEAPON SYSTEMS

WEAPON SYSTEMS

MANNED VEHICLE SYSTEMS

UNMANNED GROUND VEHICLE SYSTEMS

DATA INTERCEPT

WIRELESS SURVEILLANCE SYSTEMS

SITUATIONAL AWARENESS

INFRASTRUCTURE SECURITY

SYSTEMS PROTECTION

PROACTIVE DEFENCE

FIRST RESPONSE

MASS TRANSIT

BAGGAGE SYSTEMS

PASSENGER SYSTEMS

AIRPORT INFORMATION SYSTEMS

MASTER SYSTEMS INTEGRATION

RESOURCE MANAGEMENT

REMOTE POWER

RENEWABLES

OIL AND GAS

CIVIL NUCLEAR

SOLDIER SYSTEMS

LOGISTICS AND SUPPORT

SATELLITE SYSTEMS

RADIO SYSTEMS

COMMAND, CONTROL, COMMUNICATIONS

AND COMPUTERS

DATA TRAFFIC MANAGEMENT

AND QUALITY OF SERVICE

MISSION SUPPORT

Markets

at a glance

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Ultra Electronics is an internationally successful DEFENCE & AEROSPACE ,SECURITY & CYBER , TRANSPORT and ENERGY company with a long,consistent track record of development and growth.

Ultra businesses constantly innovate to create solutions to customer requirements that are different fromand better than those of the Group’s competitors. By applying these differentiated solutions to awiderange of international platforms and programmes, Ultra has built an exceptionally broad range ofspecialist capability areas. Where the Group has a number of complementary capabilities it can alsocombine these to offer wider solutions. Furthermore, the products, capabilities and the associated domainexpertise uniquely position Ultra to be able to provide system and sub-system solutions. These solutions areunderpinned by through-life management support offerings that ensure the capabilities are delivered andsustained in-service. The Group has an active programme of reinvestment of funds to strengthen itscapabilities in its specialist markets.

Ultra offers support to its customers through the design, delivery and support phases of a programme.Ultra’s businesses have a high degree of operational autonomy so that they provide exceptionally agileand responsive support to customers and partners normally associated with a smaller business. Thesebenefits of customer focus and agility are augmented by the access to wider and complementarytechnology and expertise that lies elsewhere in the Group and by Ultra’s strong financial position.

Ultra’s deep understanding of its specialist capabilityareas combined with knowledge of the customerenvironment is a key factor in delivering innovativesolutions to meet the customer need.

Ultra supplies advancedelectronic and electrical systemsand equipment to defence forcesaround the world. The Groupinnovates to provide specialistcapabilities that are superior tothe threat and that are closelymatched to the customersenvironment and need.

Driven by the actions of roguestates, terrorist groups andorganised crime, governmentsworldwide are focusingexpenditure preferentially onaddressing these challenges. Bothgovernment functions andcommercial enterprises are facedwith threats from the cyberdomain. Ultra provides highlydifferentiated systems andcapabilities to the broad security,intelligence and cyber marketthat meet these needs. Ultra hashighly specialised capabilities insecure communications,networks and high-gradecryptographic equipment, keymanagement systems andsurveillance and intelligencegathering systems.

Demand in all areas of masstransport is being driven by risingpopulations, nation buildingspurred on by rapid growth in theworld’s developing economiesand investment in aginginfrastructure in developedcountries. Ultra provides specialistsoftware, systems and equipmentfor use in mass passengertransport systems. This includeshigh integrity real-time controlsfor civil aircraft, advanced ITsolutions for modern airports andtrackside power equipment fortransit rail systems.

Countries around the world areaddressing the strategic need tohave secure access to increasingamounts of low carbon energy.Ultra has a range of safety criticalsensors and controls used inexisting and new build nuclearreactors. The Group hasinnovative portable energysources powered by readilyavailable propane gas. Ultra alsohas specialist sensors, derivedfrom defence applications,which are highly effective athydrocarbon mapping in theunderwater environment.

DEFENCE& AEROSPACE

SECURITY&CYBER

TRANSPORT ENERGY

Ultra is constantly repositioningitself in high growth sectorswithin its main Defence &Aerospace, Security & Cyber,Transport and Energy markets.The Group has demonstrated along track record of identifyingfuture high growth market

sectors and then investing tocreate differentiated positionsin them. Ultra’s ever broadeningrange of specialist marketpositions and growinggeographic reach drives theGroup’s growthmomentum.

Revenue by capability

Geographic reach Ultra’s customers

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Revenue by region

Over the last two decades, Ultrahas expanded and developed itsinternational footprint and nowhas significant operations inEurope, North America,Middle East and

Asia Pacific. Ultra has businessesheadquartered in the countriesshaded light blue on the mapbelow, and conducts business inthe countries shaded in dark blue.

Ultra’s independence allows it towork with the world’s major primecontractors in its markets and tosell its wide portfolio of specialistcapabilities to a broad range ofcustomers around the world.

Revenue £m

+4.0%(2011: £731.7m)

£760.8m

2008

515.3

651.0710.0 731.7 760.8

2009 2010 2011 2012

Underlying profit before tax £m

+0.6%(2011: £114.9m)

£115.6m

2008

72.289.5

102.7114.9 115.6

2009 2010 2011 2012

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0% 5% 10% 15% 20% 25% 30%

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1 United Kingdom 30%

2 North America 48%

3 Mainland Europe 7%

4 Rest of the world 15%

1 DEFENCE & AEROSPACE 56%

2 SECURITY & CYBER 24%

3 TRANSPORT and ENERGY 20%

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Ultra’s broad range of specialist capabilities

Did you know?Ultra’s broad range of specialistcapabilities are positioned on over350 platforms and programmesworldwide, often in high integrityor safety critical applications.

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• AEROSPACE SYSTEMS• MARITIME BATTLESPACE• LAND BATTLESPACE• COMMUNICATIONS

• SECURITY & CYBER• INTELLIGENCE & SURVEILLANCE• AIRPORT SYSTEMS & MASS TRANSPORT• ENERGY & RESOURCES

Ultra focuses on developing specialist capabilities that provide differentiated solutions to customers’requirements. Across the Group’s businesses there are more than180 of these specialist capabilities spreadacross eight core capability areas. The eight capability areas are:

The diagram below shows how the 180+ specialist capabilities and eight core capability areas relate to theirmajor end customers and markets. An overview of Ultra’s eight core capabilities is available on pages 5 to 8.

visit: www.ultra-electronics.com 4

The Group is organised into five divisions*:Aircraft & Vehicle Systems, Airport & Power Systems,Secure Intelligence Systems, Tactical Systems andNaval Systems.Ultra’s five divisions deliver specialist solutions across the eight key capabilities detailed in previous pages:AEROSPACE SYSTEMS, MARITIME BATTLESPACE, LAND BATTLESPACE, COMMUNICATIONS, INTELLIGENCE& SURVEILLANCE, SECURITY & CYBER, ENERGY & RESOURCES and AIRPORT SYSTEMS & MASS TRANSPORT.

The diagram above shows where each of Ultra’s corecapabilities sits within the Group’s organisationalstructure and which markets they serve.

*For financial reporting purposes, Ultra is organised into three divisions.

Tactical Systems

Naval Systems

Aircraft & Vehicle Systems

Airport & Power Systems

Secure Intelligence Systems

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Ultra’s core capabilities

DEFENCE & AEROSPACE

AEROSPACE SYSTEMSUltra provides innovative electronic, electro-mechanical, mechanical andsoftware solutions for the most challenging of aircraft requirements.

MARITIME BATTLESPACEUltra continues to develop advanced systems to meet thechallenges of the modern maritime battlespace.

MANNED AIRCRAFT SYSTEMSUltra is a world leader in highintegrity electronic systems formilitary and civil aerospaceapplications. These range fromairframe control systems, landinggear control systems and active noisecancellation and vibration controlsystems that enable quieter cabins.Ultra has developed pioneeringelectro-thermal ice protection systemsfor the wing leading edge and engineintake of civil airliners and militaryfighter jets. Ultra supplies systems forthe detection and monitoring of

structural anomalies, including cracks,in various types of material. Thesesystems are used in a ground basedtest environment or fitted to legacyfleet aircraft to provide continuousmonitoring of structural integrity.Ultra supplies a wide selection of highreliability temperature sensors.

AVIONICSUltra offers a number of aircraftinstrumentation products for thegeneral aviation and OriginalEquipment Manufacturer (OEM)markets, from engine powermanagement systems to flightinstrumentation. Ultra provides handcontrol systems, grips and joysticksfor use in aircraft cockpits and fortraining and simulation applications.

AIRCRAFT WEAPON SYSTEMSUltra’s airborne compressors providea continuous source of high pressurepure air to cool the infrared seekersof an aircraft’s missiles, keeping

them ready for action. Ultra’ssystems also provide a controllableenergy source for pneumatic ejectionof aircraft munitions whilst meetingthe emerging requirement forlaunching increased quantities ofsmart munitions.

UNMANNED AIRBORNEVEHICLE (UAV) SYSTEMSUltra’s advanced Human MachineInterface (HMI) equipment is used incontrol suites and portable controlsystems for UAVs. Ultra’s specialistpower capabilities also includemulti-fuel UAV engines andpropane-powered fuel cells thathave increased UAV availability byfour times. Capabilities also includepneumatic energy storage anddistribution devices for wingdeployment and other actuationapplications on UAVs. Ultra providesheading reference sensors tonumerous UAV programmes.

Ultra also supplies a host of securecommunications, command andcontrol and data collection systemssuitable for UAV deployment.

MISSION SUPPORTUltra is equipping the UK’s Typhoonand Tornado aircraft with the latestversion of Ultra's airbornereconnaissance and targeting pod,providing the aircraft with vitalreconnaissance (including video datalink) and air-to-ground capabilitiesincluding the ability to laser designatea target for attack. Ultra suppliesautomatic portable test equipmentand harnesses for integrity validation,safety testing and calibration of fixedand rotary wing aircraft fuel, databusand electronic filtering systems. Ultraalso offers a number of through lifesupport services such as obsolescencemanagement, condition basedmonitoring and maintenance, repairand overhaul services.

MANNED NAVALVESSEL SYSTEMSUltra is a world leader in acousticsystems, equipment and products,including advanced sonar,anti-submarine warfare and torpedodefence systems. Ultra’s specialistcommunications and electronicwarfare solutions, including a rangeof command, control,communications, computer,intelligence, surveillance, targetacquisition and reconnaissance(C4ISTAR) systems encompassingdata-links, data fusion andbattlespace awareness capabilities,are used by navies around the world.Ultra is also a leader in signaturemanagement and control for shipsand submarines as well as nuclearreactor control and instrumentationsystems. Ultra has innovativecapabilities in power dense motordrives for naval vessels, enablingelectric cruise propulsion and gasturbine electric start systems.

UNMANNED NAVAL SYSTEMSUltra has a number of specialistcapabilities for unmanned navalsystems, including HMI equipment,propulsion systems, specialist sensorarrays and mine countermeasuresolutions.

NAVAL WEAPON SYSTEMSUltra offers a family of surface shipcombat management and missionsystems that integrate sensors andeffectors/weapons to provide picturecompilation, tactical analysis,decision making, response andengagement solutions. The systemutilises advanced sensors andprocessors comprised of military andcommercial-off-the-shelf (COTS)modules, to provide cost effectiveand scalable solutions for differentship classes and applications. Ultraalso provides and supports theweapon interface electronics fortube-launched torpedoes and missileson all of the Royal Navy’s submarines.

MISSION SUPPORTUltra has a range of innovativemission support capabilities,encompassing long range acoustichailing, situational awarenesssystems and HMI solutions. Ultraprovides effective formal logisticsupport needed by the warfighter.

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visit: www.ultra-electronics.com

LAND BATTLESPACEUltra has experience of providing innovative systems and equipmentfor rugged applications in the land battlespace.

COMMUNICATIONSUltra is a world-leading supplier of tactical communication equipment and systemsthat enable the provision of accurate and timely data across the battlefield.

WEAPON SYSTEMSUltra provides rifle-mounted gunshotdetection systems capable ofinforming a soldier of the locationand distance of enemy fire. Ultrasupplies electro-optical solutions for abroad range of applications, includingfire control. Ultra offers a number ofmagneto inductive signalling productsfor remote detonation and firecontrol systems. Utilising ACmagnetic signals, communicationlinks can be established directlythrough intervening media notpenetrable by radio waves.

MANNED VEHICLE SYSTEMSUltra specialises in vehicle electronicarchitecture and offers informationand power management systems forarmoured vehicles. Applicationsinclude utilities management of theelectrical power sub-system,situational awareness and batterymonitoring and management. Ultra’sadvanced HMI equipment is used

throughout the vehicle and includescontrols for drivers, gunners andcommanders. Ultra can provideintegrated Health and UsageMonitoring Systems (HUMS) eitheras discrete systems or as a broadercontrol and monitoring system,including aspects such as radiationmonitoring. Ultra’s specialistcommunications equipment can beused to transmit voice, video anddata securely across the battlefieldfrom the vehicle.

UNMANNED GROUNDVEHICLE (UGV) SYSTEMSUltra has a number of specialistcapabilities for UGVs, including HMIequipment, propane-powered fuelcells capable of powering UGVs andsecure data link systems.

SOLDIER SYSTEMSUltra provides a range of handheldcommand, control, communicationsand computer (C4) systems for the

dismounted soldier. Ultra’spropane-powered fuel cells are smallenough to replace large amounts ofbatteries carried by the warfighteron operations. Ultra’s mGO portableoxygen generator is capable ofproviding medical grade oxygen atthe point of need to supportbattlefield casualties, eliminatingthe need for cumbersomecylinder-based alternatives.

LOGISTICS AND SUPPORTUltra’s multitude of communicationsproducts underpin the secure video,voice and data communicationnetworks and systems that enableconnectivity across the battlefield.Ultra has software solutions thatmaximise the effectiveness ofbattlefield sensors and theirdeployment through geographicdata mapping systems. This softwarecan also be used to model and plandetection and surveillance missions.

SATELLITE SYSTEMSUltra has developed a range of fixed,mobile and transportable satelliteearth stations, or satcom terminals,offered in several forms that operatein the most commonly used frequencybands for satellite communications.Ultra’s satellite communicationssystems are suitable for both defenceand civil applications.

RADIO SYSTEMSUltra integrates a carefully selectedblend of commercial informationtechnology and reliable high-capacitymilitary radio technology to providehigh quality communications solutionsto meet today’s fighting forces’command, control, communication,computers, intelligence, surveillanceand reconnaissance (C4ISR)requirements. Ultra providesintegrated, ruggedised C4ISR systemsolutions incorporating onlybest-of-breed technologies includingline-of-sight radio, encryption, Wi-Fiand WiMAX capabilities.

COMMAND, CONTROL,COMMUNICATIONSAND COMPUTERSUltra specialises in the developmentand supply of software-based datafusion and visualisation systems thataid battlespace awareness. Ultra alsoprovides critical tactical dataexchange capabilities to naval, landand airborne users and is one of theworld’s leading tactical data linksystem providers. Ultra hasdeveloped an airborne tacticalcommunications pod capable ofproviding a lightweight, scalable,joint warfighter aerialcommunications gateway system tosolve the most common battlefieldcommunications problems.Leveraging the Group’s expertise inboth human factors engineering andtraditional hand controls, Ultra hasdeveloped control systems tointerface effectively with the brigade

as well as individual mission assetswhether those are manned orunmanned vehicles, weapon systems,intelligence, surveillance andreconnaissance (ISR) or situationalawareness (SA) systems includingUAVs and unattended sensors aswell as networked communications.

TRAFFIC MANAGEMENT ANDQUALITY OF SERVICEUltra offers network communicationsequipment that guarantees thequality of realtime voice, video andmission critical data on congestedcommunications links. Ultra’s servicedelivery manager provides guaranteedquality of service, legacy-over-IPtransport and secure data overwireless IP networks.

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Ultra’s core capabilities

SECURITY & CYBER

INTELLIGENCE & SURVEILLANCEUltra supports military and civil customers around the world with its specialistcommunications intercept, situational awareness and electronic warfare capabilities.

SECURITY & CYBERUltra provides high integrity security solutionsfor physical and cyber threats.

DATA INTERCEPTUltra offers turnkey communicationssurveillance systems used for thelawful intercept of communicationtraffic, integrating proprietary andcommercial-off-the-shelf dataanalytic tools to manage largevolumes of data from mobile, fixedline and broadband networks. Ultra’sspeaker identification systems enableidentification by gender and spokenlanguage and allow for continuoustarget tracking through telephonesignalling metadata.

WIRELESSSURVEILLANCE SYSTEMSUltra specialises in wireless surveillanceand protection systems for applicationssuch as critical infrastructure area andperimeter monitoring and networkintrusion detection.

COMINT/ELINT/SIGNT SYSTEMSUltra’s electronic warfare solutionsenable customers to monitor, analyse

and observe communications andradar signals at all frequencies andare available for use in airborne,naval and ground applications. Inaddition, when necessary,countermeasures can be deployed.

SITUATIONAL AWARENESSUltra specialises in radarprocessing/tracking and theintegration of radar, electro-opticand other sensor systems to providea situational awareness mappingsystem for military and civilcustomers alike. Ultra’s situationalawareness management systemsoffer sensor systems integrationcapabilities for applications such asforward operating base protection,force protection and critical nationalinfrastructure protection.

Ultra has proven tools that can collectand then analyse communications forpatterns related to voice biometrics,location, networks, communities of

interest and associated data.Through Ultra’s visualisation andanalysis tools, these patterns can beinterpreted and displayed to give amore intuitive understanding of theoperational picture.

Ultra, through the integration of itsunique solutions and its expertise withsensors, tactical data links, decisionaids, weather, geospatial informationmanagement, visualisation andanalysis, is able to deliver unparalleledsituational awareness and decisionmaking tools to customers. Thesesolutions simplify, enrich and sharebattle-space awareness for militaryand civil customers at both at tacticaland strategic levels. These toolssupport users in effectively planningand executing complex and criticaloperations at all levels of thecommand structure.

INFRASTRUCTURE SECURITYUltra integrates a broad range of itsspecialist capabilities to provideprotection from physical and cyberthreats to critical nationalinfrastructure. This includessituational awareness systems forperimeter, coastal and bordersurveillance; communicationsproducts allowing the securetransmission of voice, video and datathroughout an installation andfurther afield; protection from cyberthreats to IT systems and networks;and secure ID card printers for localaccess control measures.

SYSTEMS PROTECTIONUltra is a highly experienced providerof cryptographic equipment, fromthe unique requirements of highgrade cryptography through tocommercial grade secure networksolutions. Ultra also has expert keymanagement capabilities, which

include secure key distribution andthe only NSA-approved Type 1 blackremote rekey solution. Ultra is theonly non-US company to providehigh grade cryptographic equipment,used to secure information at thehighest levels, to the US government.Ultra is providing the next generationof programmable crypto and keymanagement systems to the UK.

PROACTIVE DEFENCEUltra’s DarkNode™ technologyprovides military-grade criticalsystems protection that cannot bepinged, hacked or compromised,while enabling information transportacross commercial networks,essentially creating an impenetrablecyber perimeter. Ultra’s securenetwork communication solutionsinclude network intrusion detection.

FIRST RESPONSEUltra’s contingency planning andincident management software toolsare operationally proven withnumerous international customersacross police, fire, ambulance, centraland local government, prisons, portsand airports. Ultra’s software can beintegrated into secure collaborativework environments to facilitateinteroperability between differentagencies and services.

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visit: www.ultra-electronics.com

TRANSPORT

ENERGY

AIRPORT SYSTEMS & MASS TRANSPORTUltra is a world leader in power systems for mass transport and IT systems for airports,with the capability to act as Master Systems Integrator on large airport construction projects.

ENERGY & RESOURCESUltra’s specialist capabilities enable many of the high integrity and safetycritical systems found in energy applications worldwide.

MASS TRANSITUltra supplies high quality DC powerproducts for traction applications totransit authorities around the world.Ultra can supply both substationequipment (including transformerrectifier units) as well as completeturnkey DC substations. Ultra’selectrical and mechanical designs arecommercially competitive, based ondecades of refinement, supported bycutting edge software tools and fully

conform with both UK and overseaspractices and standards.

BAGGAGE SYSTEMSUltra’s airport infrastructurecapabilities include enhancedbaggage tracking as well as extensivedisruption handling capabilities,including the advanced reflightingsystem currently in use in the world’sbusiest transfer airport. Ultra’sbaggage systems are augmented byan aircraft load control system,designed to ensure that baggage isloaded onto an aircraft in a way thatkeeps the aircraft balanced.

PASSENGER SYSTEMSUltra enables many airlines to sharethe same airport workstations andperipherals, maximising efficient useof airport resources. It is scalable toany number of workstationsdistributed over local or wide area

networks, and includes quick andeasy remote deployment at locationssuch as downtown check-in, hotelsand rail stations. This capability isalso available as a service model,allowing rapid deployment of newplatforms at entire airports. Thishosted service delivers significantadvantages going forwards: totalcost of ownership is driven downowing to ease of deployment,management and support, andenergy costs themselves aresignificantly reduced via use of thin-client devices.

AIRPORT INFORMATION SYSTEMSUltra’s technology can remotelymonitor and control the status ofassets across the airport, includingelectricity distribution, watertreatment plant and roadinfrastructure as well as managing

building systems within the airportterminal. Ultra providescomprehensive facilities for thedisplay of flight related informationon a variety of public and staffdisplay devices. Ultra’s FlightInformation Display Systems (FIDS)support the display of flight, gate,baggage and retail information aswell as visual paging.

MASTER SYSTEMS INTEGRATIONUltra is a Master Systems Integrator ofcommunications, security and businesssystems for transport infrastructureprogrammes. To deliver the turnkeyintegration of disparate technologiesinto a live ‘system of systems’, Ultraintegrates the activities of systemsdesign, installation and commissioningwith those of constructors andoperators to safeguard theprogramme for operational trials.

RESOURCE MANAGEMENTUltra has developed solutions thathelp energy managers meet thedemanding goals set forth for theirfacilities in regards to both budgetsand energy consumption. Ultra’senergy control wireless networkingsolutions have been deployed in theUS in over 100 federal buildings,providing analysis, modelling andprediction in every area of a facility;from metering applications tomonitoring mechanical systems suchas pumps, motors and fans.

REMOTE POWERUltra’s innovative propane-poweredfuel cells extend the functionalityand reliability of remote applications,allowing cameras, sensors andsurveillance equipment to performreliably for longer periods of time.Battery tending keeps traffic systems– from signs to cameras to lights –working 24-7, even when the grid istaken offline.

RENEWABLESUltra specialises in compact, powerdense, low voltage sub-systems forrenewable energy applications wherespace is at a premium and customersrely on the same levels of integrity,assurance and compact design asthose in the defence sector. Ultra’ssolid-state electrical power suppliesare more flexible and tolerant ofdamage than hydraulic systems.They are also smaller, lighter andmore reliable than rotary converters.

OIL AND GASUltra has a range of high precisionelectric field sensor arrays for themapping of hydrocarbon fields andunderwater pipelines. Ultra’ssurveillance and infrastructureprotection capabilities are usedspecifically to assist offshore oiland gas operators with concernsfor the security and safety of theiroffshore assets, including pipelines.These concerns specifically relateto the threats posed by marinetraffic and vessels.

CIVIL NUCLEARUltra supplies high integrity reactorcontrol and instrumentationequipment, neutron flux detectorsand associated super-screened cablesto nuclear power stations around theworld. As part of this, Ultra providesequipment qualification, safety casesupport and justification services.Ultra also manufactures a broad line

of temperature sensors and pressuretransmitters for safety related, insidecontainment and balance of plantinstallations. Models are availablefor virtually every application and allnuclear reactor technologies.Complementing these products arefibre optic data links and contactclosures for core vibration monitoringand control rod positioningapplications.

Ultra hosts the UK Government’snuclear emergency managementsystems and maintains nationwideradiation detector networks. Ultracan provide secure monitoring andemergency planning systemsdelivered with the highest levels ofconfidentiality, integrity andavailability for nuclear operators,critical national infrastructure, firstresponders and national commandand control centres.

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the Ultra business model

Why Ultra is different

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Ultra businesses constantly innovate to create solutions to customerrequirements that are different from and better than those of theGroup’s competitors in a way that the customer values. In identifyingdifferentiated solutions, prime consideration is given not to whatUltra would like to sell but to the problem the customer wants toaddress. This flexibility covers not just the technical attributes of theproduct or system but also the commercial package, the trainingand the support in which the customer is interested.

The Group is agnostic as to the source of the technology that isrequired to deliver the solution. When proven technology thatmeets the customers’ requirements exists outside the Group, Ultra ishappy to form teaming partnerships to access it. Ultra sees theseteaming arrangements as a source of competitive advantage,allowing Ultra to deliver differentiated solutions that meet customerneeds efficiently. It is important that these teaming arrangementsare of benefit to all parties – by working together, the teammembers are able to achieve something that would not be possiblewithout teaming.

ULTRA’S CUSTOMERSUltra’s independence allows it to work with the world’s majorprime contractors in its markets and to sell its wide portfolio ofspecialist capabilities to a broad range of customers around theworld. Within the Group’s top customers, such as the USDepartment of Defense (DoD), the UK Ministry of Defence (MoD)and BAE Systems, the Group actually supplies to a wide range ofdifferent project offices, integrated project teams and platformteams. Therefore, Ultra deals with a larger number of differentcustomers than it initially appears and is positioned on more than350 platforms and programmes worldwide.

ULTRA’S POSITION IN THE SUPPLY CHAINWithin the definition of the supply chain shown in the graphicbelow, Ultra’s specialist capabilities are mainly at tiers 3 and 4,supplying equipment and components to support tier 1 and 2sub-systems and programmes. The Group does undertake tier 2sub-system integration but does this mainly when integrating itsown tier 3 offerings. Therefore, Ultra understands the tier 3detailed interfaces and so is able to manage the risk inherent intier 2 sub-system integration activities.

Ultra has no strategic aim to be a tier 1, top level platform provider.The Group is therefore non-threatening to the tier 1 primecontractors such as BAE Systems or Rolls-Royce and counts themamongst its largest customers. They can rely on Ultra to provide thespecialist capabilities at which the Group is expert. Concentrating ontiers 3 and 4, rather than aiming to be a tier 1 platform provider,means that no single platform or programme typically accounts formore than 5% of Group revenue for the year, so the cancellation orcurtailment of any single programme is unlikely to have a significantadverse impact on the Group.

SUPPLY CHAIN

Typical tier offerings

Tier 1 (Platform provider)Responsible for being the prime contractor of the platform inquestion, examples being a naval vessel or a terminal at an airport.

Tier 2 (Sub-system integrator)Responsible for integrating equipment or components that willmake up a functional element of the platform. Examples ofsub-system integration that Ultra has completed include integratedsonar systems and wing ice protection systems.

Tier 3 (Equipment supplier)Ultra has a large presence at this level of the supply chain, supplyingequipment such as data links, cryptographic equipment and largeelectrical transformers.

Tier 4 (Component supplier)Ultra also provides a broad range of smaller components onto manyprogrammes worldwide, including sensors for measuring theperformance of a nuclear reactor and joysticks to control UAVs.

INNOVATIVE SOLUTIONS – DELIVERED IN PARTNERSHIPIn its specialist capability areas, Ultra’s understanding of the customer environment and theprojected capability gaps that the customer would like addressed – in short, its understandingof the customer ‘problem statement’ – is a key differentiator.

3rd partytechnology

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Ultra’ssolution

Tier 1

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Surv

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TCS

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Manned aircraft systems

Avionics

Capability

Aircraft weapon systems

Unmanned airbornevehicle systems

Mission support

Submarine systems

Ship systems

Unmanned naval systems

Naval weapon systems

Mission support

Manned vehicle systems

Weapon systems

Unmanned ground vehicle systems

Soldier systems

Logistics and support

Satellite systems

Radio systems

Command, Control,Comms & Computers

Traffic management and quality of service

Data intercept

Surveillance systems

COMINT/ELINT/SIGINT

Situational awareness

Infrastructure security

Systems protection

Proactive defence

First response

Resource management

Remote power

Renewables

Oil and gas

Civil nuclear

Mass transit

Baggage systems

Passenger systems

Airport information systems

3eTI

Airp

ort

Systems

&M

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Ultra Electronics businesses capability matrix

*Ultra’s CEMS business specialises in contract electronics manufacturing, with a focus onlow and medium volume manufacturing for industry sectors demanding high reliabilityproduct and specialist prototype development.

The matrix below showshow Ultra’s core capabilitiesmap to each Ultra business

EXECUTIVE TEAM MEMBERSRakesh SharmaChief Executive

Mary WaldnerGroup Finance Director(with effect from July 2013)

Mark AndersonGroup Marketing Director

Mike ClaytonManaging DirectorTactical Systems

John RobustoPresidentSecure Intelligence Systems

Phil EvansManaging DirectorAircraft & Vehicle Systems

Carlos SantiagoPresidentNaval Systems

Graeme StaceyManaging DirectorAirport & Power Systems

Keith ThomsonGroup Human Resources Director

Sharon HarrisCompany Secretary & General Counsel

JOINT VENTURESAl Shaheen, UAEMark Doyle, CEOA joint venture between EmiratesAdvanced Investments and Ultra

Ithra, OmanJim Bethell, MDA joint venture betweenOman Investment Corporation and Ultra

Ultra Electronics, Qatar LLC., QatarNigel HowardA joint venture betweenOryx Energy Products and Services and Ultra

TopScientific Systems Inc.A China Merchants Technology GroupCompany, Hong Kong, PRCJenny Lawton, CEOA joint venture betweenTop Scientific Systems, Inc. and Ultra

AIRCRAFT & VEHICLE SYSTEMSAl Shaheen (49%)P.O. Box: 128630Abu DhabiUnited Arab EmiratesTel: +971 2 813 7444www.alsa.ae

AMI5500 South State StreetAnn Arbor, Michigan 48108USATel: +1 734 302 7632www.ultra-ami.com

Card SystemsWaverley HouseHampshire RoadWeymouth, Dorset DT4 9XDEnglandTel: +44 (0) 1305 767100www.ultramagicard.com

CEMSWaverley HouseHampshire RoadWeymouth, Dorset DT4 9XDEnglandTel: +44 (0) 1305 767100www.ultra-cems.com

Controls417 Bridport RoadGreenford, Middlesex UB6 8UAEnglandTel: +44 (0) 20 8813 4444www.ultra-controls.com

Measurement Systems Inc.50 Barnes Park NorthSuite 102Wallingford, Connecticut 06492USATel: +1 203 949 3500www.ultra-msi.com

Precision Air & Land SystemsArle CourtCheltenham, Gloucestershire GL51 6PNEnglandTel: +44 (0) 1242 221166www.ultra-pals.com

AIRPORT & POWER SYSTEMSAirport SystemsThe OaksCrewe RoadWythenshawe, Manchester M23 9SSEnglandTel: +44 (0) 161 946 3600www.ultra-as.com

EMS Development Corporation95 Horseblock Road, Unit 2Yaphank, New York 11980USATel: +1 631 345 6200www.ultra-ems.com

Ithra (70%)PO Box 1162PC111, Almattar CPOAl Seeb, MuscatSultanate of OmanTel: +968 2 434 3500

Nuclear Control SystemsInnovation HouseLancaster RoadFerndown Industrial EstateWimborne, Dorset BH21 7SQEnglandTel: +44 (0) 1202 850450www.ultra-ncs.com

Nuclear Sensors& Process Instrumentation707 Jeffrey WayP.O. Box 300Round Rock, Texas 78680-0300USATel: +1 512 434 2800www.ultra-nspi.com

PMESTowers Business ParkWheelhouse RoadRugeley, Staffordshire WS15 1UZEnglandTel: +44 (0) 1889 503300www.ultra-pmes.com

SECURE INTELLIGENCE SYSTEMSAdvanced Tactical Systems4101 Smith School RoadBuilding IV, Suite 100Austin, Texas 78744USATel: +1 512 327 6795www.ultra-ats.comProLogic9400 Innovation DriveManassas, Virginia 20110USATel: +1 703 331 5922www.ultra-prologic.com

SOTECH12011 Guilford RoadSuite 111Annapolis Junction, Maryland 20701USATel: +1 301 470 7015

NAVAL SYSTEMSAvalon Systems12 Douglas DriveTechnology ParkMawson Lakes, AdelaideSouth Australia 5095AustraliaTel: +61 (0) 8 8169 1200www.ultra-avalon.comwww.ultra-electronics.com.au

Command & Control SystemsKnaves Beech Business CentreLoudwater, High WycombeBuckinghamshire HP10 9UTEnglandTel: +44 (0) 1628 530000www.ultra-ccs.com

Flightline Systems7625 Omnitech PlaceVictor, New York 14564-9795USATel: +1 585 924 4000www.ultra-fei.com

Maritime Systems40 Atlantic StreetDartmouth, Nova Scotia B2Y 4N2CanadaTel: +1 902 466 7491www.ultra-ms.com

Ocean Systems115 Bay State DriveBraintree, Massachusetts 02184-5203USATel: +1 781 848 3400www.ultra-os.com

Sonar Systems418 Bridport RoadGreenford, Middlesex UB6 8UAEnglandTel: +44 (0) 20 8813 4567www.ultra-sonar.com

USSI4578 East Park 30 DriveColumbia City, Indiana 46725-8861USATel: +1 260 248 3500www.ultra-ussi.com

TACTICAL SYSTEMS3eTI9715 Key West AvenueSuite 500Rockville, Maryland 20850USATel: +1 301 670 6779www.ultra-3eti.com

AEP NetworksKnaves Beech Business CentreLoudwater, High WycombeBuckinghamshire HP10 9UTEnglandTel: +44 (0) 1628 642600www.ultra-aep.com

Communication &Integrated Systems419 Bridport RoadGreenford, Middlesex UB6 8UAEnglandTel: +44 (0) 20 8813 4567www.ultra-cis.com

GigaSatGigaSat BuildingTring Business CentreIcknield WayTring, Hertfordshire HP23 4JXEnglandTel: +44 (0) 1442 892000

Surveillance Systems3 Longwood CourtLove LaneCirencester, Gloucestershire GL7 1YGEnglandTel: +44 (0) 1285 883800www.ultra-na.com

TCS5990 Côte de LiesseMontreal, Québec H4T 1V7CanadaTel: +1 514 855 6363www.ultra-tcs.com

making a difference

April 2013

Ultra ElectronicsBridport RoadGreenfordMiddlesex UB6 8UAEnglandTel: +44 (0) 20 8813 4321Fax:+44 (0) 20 8813 4322www.ultra-electronics.comwww.facebook.com/UltraElectronicsinformation@ultra-electronics.com