Fundz
Free weekly newsletter

Get the free weekly contract digest

The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.

Weekly Digest

New new contracts, summarized for you

Straight to Inbox

No login, no app to check — it comes to you

Contract Trends

See who's moving and how much in your market

No credit card required Weekly contract digest

Ultra Maritime Receives $49 Million Contract for AN/SSQ-62G Sonobuoys from U.S. Navy

Jul 29, 2024almost 2 years ago

Contract Type

contract

MassachusettsManufacturingSecurityAerospaceDefense & Space

Description

Ultra Maritime has been awarded a Sole Sourced Firm Fixed Priced contract in the amount of $49,000,000.00 for the AN/SSQ-62G Sonobuoy Low Rate Initial Production (LRIP) for the Navy in support of annual training, peacetime operations and testing expenditures, as well as to maintain sufficient inventory to support the execution of major combat operations based on naval munitions requirements process.

Company Information

Company

Ultra Maritime

Location

115 Bay State Dr

Massachusetts, United States

About

Ultra Maritime provides innovative multi-missions solutions for surface, sub-surface and unmanned platforms that protect and empower allied naval forces worldwide. Headquartered in Braintree, Massachusetts, Ultra Maritime employs more than 2,300 engineers and manufacturing experts worldwide, specializing in state-of-the-art sonar systems, radar, expendables, signature management and naval power systems.

Predictive Intelligence
Strategic

ML-powered predictions for Ultra Maritime's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.