Project 38: The Future Of Federal Contracting

Advent International's acquisition of Ultra Electronics in the summer of 2022 was one in a series of investments the private equity firm has made in defense and government contractors: $28 billion to be exact within the past three-and-a-half years.For this episode, we turn the lens on the Ultra Intelligence & Communications business unit by hearing from its president Jon Rucker on how that team contributes to the larger whole that is Ultra Electronics.Rucker is six months into this role in leading Ultra I&C, whose core product and service lines also include cybersecurity and electronic warfare. Where the business is looking to invest is a main focus of this conversation, as is how Ultra balances honoring its nearly 100-year brand amid the push into new markets.