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Ultra Electronics to buy Kratos Defence’s electronic products unit

Ultra Electronics to buy Kratos Defence’s electronic products unit

British defence contractor Ultra Electronics Holdings Plc (ULE.L) said it would buy Kratos Defence and Security Solutions' (KTOS.O) electronics product unit for $265 million (173 million pounds) in cash. Ultra Electronics states the procurement would fillip its position in the …

Progress rate for Electronics Defence Policy

Progress rate for Electronics Defence Policy

New Delhi: The government could announce India's first Defence Electronics Policy, which will seek to streamline procurement and boost local manufacturing, as early as this September with the drafting of the document in its final stages. The Indian Electronics and Semiconductor …

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