$23.5M for Upgraded Korean Tactical Radios
Recently, DID ran an article about the growing global tactical radio market over the next decade. Niche specialist Ultra TCS in Montreal, Canada recently received a CDN $29 million (USD $23.5 million) contract from its Korean manufacturing licensee Huneed Technologies, its manufacturing licensee in the Republic of Korea. The contract is for upgrade kits for its Frequency Hopping Line Of Sight AN/GRC-512 (V) radio, adding increased traffic capacity and newly developed specialized components. Interoperability with the original AN/GRC-512(V) radio is maintained.
This contract ensures continuous monthly sales of this radio over the next two years, and also positions Ultra TCS and Huneed for any future communication modernization programs being planned by the Republic of Korea Armed Forces. To date, Ultra TCS has been awarded over CDN $100 million (USD $81 million) in contracts from the Republic of Korea (South Korea) related to the sale of the AN/GRC-512(V) radio. Ultra Electronics News Release (Montreal, June 10, 2005) – Ultra awarded US$23m contract for battlespace IT radios for Korea