It can be taken in
40k under these rules which are found on the forge world sales page for them.
It can also be taken as a Lords of War Choice by Adeptus Mechanicus: Cult Mechanicus and Skitarii armies in games of Warhammer 40,000 using the rules found in The Horus Heresy: Mechanicum – Taghmata Army List.
Neither faction has a Non-Forgeworld Lord of War so the only way to take one is in a
CAD or Unbound.
Skitarii don't have a
HQ either so the only way to take one Bound is in a Cult Mechanicus
CAD.
The cheapest option is a Techpriest Dominus (105pt) and two units of three KATAPHRON BREACHERS (150pts x2) which costs 405pts.
This makes the minimum cost to take the Ulator 1480pts.
Since melee forces good at killing vehicles like Thunderwolf Cavalry with Thunder Hammers can walk through the shield I don't think Kataphrons being your cheapest blocking force is really a good idea in a serious game.
If the next Imperial Armour gives Skitarii a
HQ choice or a Detachment or Formation with a
LoW slot I think it could be viable with Vanguard and Rangers protecting instead of Kataphrons.