Ultra Electronics wins £20 mln EDF contract to supply nuclear reactor sensors

Ultra Electronics (LSE: ULE) has won a £20 million contract to provide Electricite de France’s (EuroNext-PARIS: EDF) British Energy unit with high integrity sensors for use in its nuclear reactors. The contract is expected to be completed in 2014 and Ultra Electronics will also provide long-term detector storage and on-site field service support.

Ultra Electronics chief executive Douglas Caster said: “The national need for secure sources of energy supplies drives investment in extending the service lives of existing reactors as well as building new plant. Ultra is positioned to benefit from this investment".

Under the £20 million four-year contract, Ultra Electronics will validate the existing designs to modern standards, build, and support all four variants of high temperature, neutron flux detectors for British Energy.

The high integrity sensors are a key element of the instrumentation and safety systems that monitor the safe operation of a nuclear plant. The detectors will be installed within the reactor core to measure neutron flux which is one of the primary protection parameters within a nuclear fission reactor.

http://www.proactiveinvestors.co.uk/companies/news/12863/ultra-electronics-wins-20-mln-edf-contract-to-supply-nuclear-reactor-sensors-12863.html