On 1 May 2026 the Serious Fraud Office (SFO) secured a £10 million payment from Ultra Electronics Holdings Ltd after the company admitted it failed to prevent bribery. A judge approved a Deferred Prosecution Agreement (DPA) that requires the firm to pay the penalty and £4.8 million in investigation costs, meet strict conditions, and submit yearly reports for three years to show compliance reforms. The DPA covers bribery linked to public‑sector contracts obtained through agents, including a £200 million contract awarded by Oman’s Ministry of Transport and Communications and two Algeria contracts that were not secured but were expected to yield £1.4 million. Ultra must pay the amounts within 30 days. The SFO’s investigation into the company has now concluded.
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