Ultra Electronics: a good catch

Article Abstract:

Ultra Electronics has carried out a share placing raising 75 million pounds sterling. Six of the company's directors will receive 7.8 million pounds through a share buyback. The group forecasts a profit of 14.5 million pounds sterling for 1996. Ultra Electronics is a relatively small company in the defense industry but has specialized in niche markets. The company depends on direct orders from the UK Ministry of Defence for some 30% of sales. Overseas sales should increase with the acquisition of companies in Canada and the US.

Electronic Components and Accessories, Military Electronics, Securities, Defense industry, Ultra Electronics Weapon Systems

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Global electronics player: FASTECH: First Asia Systems Technology Inc

Article Abstract:

First Asia Systems Technology Inc. continues to offer increasingly complex products. About eighty percent of its products go to Europe. The company has expanded production facilities and plans to grow and offset economic

Electronics, Philippines, First Asia Systems Technology Inc.

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