Cobham Ultra Acquisitions: Ultra Electronics

(asked on 7th July 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the proposed undertakings offered by Cobham Ultra Acquisitions Limited in relation to its acquisition of Ultra Electronics Holdings plc, how many (a) members will sit on the two SecureCos boards and (b) of those members will be UK nationals.


Answered by
Jane Hunt Portrait
Jane Hunt
This question was answered on 14th July 2022

The agreed undertakings are available on GOV.UK. As set out in the undertakings, the boards of the SecureCos will be comprised solely of British nationals with the appropriate security clearance and the non-executive Director appointed to the boards of each SecureCo will be appointed by the Government. The size of the boards is a matter for Ultra.

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