- Record order book and significant pipeline opportunities
- Improved showing by the Forensic Technology segment
There were no great surprises, nasty or otherwise, in half-year figures for Ultra-Electronics (ULE), though they were superior to consensus expectations. Aggregate order volume stood at a record of £1.3bn, reflecting growth in advance of 60 per cent over the past five years. And the defence contractor reckons it has a better than even chance of securing pipeline contracts worth an estimated £12bn through to the end of decade.