Ultra will pay an additional $5m to keep on key staff and a further $8m to vendors if certain targets are met over the next three years.
ProLogic provides specialised products and solutions for mission-critical enterprise IT, tactical data communication systems and intelligence processing infrastructures, as well as independent IT consulting services to US government customers. ProLogic’s core competencies are systems engineering and integration, software development and enterprise engineering & operations.
Ultra Electronics is a group of specialist advanced technology businesses that design, manufacture and support electronic and electromechanical systems, sub-systems and products for defence, security, aerospace and transport applications worldwide. It focuses on high integrity sensing, control, communication and display systems with an emphasis on integrated information technology solutions.
Douglas Caster, Ultra’s chief executive, said: ‘I am extremely pleased that we have been able to bring ProLogic into the Group. ProLogic complements Ultra’s existing battlespace IT capabilities, strengthens current relationships and brings new customers in the
Ultra’s products and services are used on aircraft, ships, submarines, armoured vehicles, surveillance systems, airports and transport systems around the world.