Awarded in collaboration with Mahindra Defence Systems, the contract will see the delivery of the IADS for the navy’s selected frontline ships.
This deal is worth nearly £60m, Ultra said.
Ultra chief executive Simon Pryce said: “IADS represents a major enhancement in the Indian Navy’s anti-submarine warfare capability and ability to deliver maritime mission effectiveness and protection to India’s surface fleet.
“This is another significant and strategic order for Ultra and our Sonar Systems business unit. We are very proud of and committed to this programme, and to our long-term partnership with Mahindra Defence to deliver outstanding solutions to the Indian Navy.”
IADS is designed to detect and protect ships from underwater threats.
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It provides multi-sensor anti-submarine warfare (ASW) capability to detect and neutralise torpedo threats.
The equipment uses an in-line active and passive-towed Low-Frequency Variable Depth Sonar (LFVDS) and Torpedo Defence.
Ultra also noted that the deliveries are expected to start in 2024 and will run until 2030.
Mahindra Defence and Mahindra Aerospace chairman SP Shukla said: “IADS is the first major contract from the Indian Navy to an Indian private sector company for underwater detection and protection from threats.
“Mahindra is looking forward to delivering IADS and further building partnerships with Ultra in other programmes.
“This contract once again epitomises the success of the ‘Make in India’ initiative of the Indian Government.”
In 2015, Mahindra Defence Naval Systems partnered with Ultra Electronics UK for the development of the Indian Navy’s underwater warfare equipment.
This collaboration is for the delivery of new-generation advanced systems, including the new torpedo defence system (NTDS), IADS, and mine countermeasure (MCM) equipment.