Ultralife Corporation Receives Award for Its BA-5390 Military Batteries from Defense Logistics Agency
March 01 2017 - 8:59AM
Ultralife Corporation (NASDAQ:ULBI) has received a firm-fixed
price, indefinite quantity contract for purchases not to exceed
$21.4 million from the U.S. Government’s Defense Logistic Agency
(DLA) for its lithium manganese dioxide, non-rechargeable BA-5390
batteries. The award consists of a three-year base contract with
two one-year option periods. The amounts and timing of
deliveries under this contract is at the discretion of the DLA.
“Ultralife has been a long-standing supplier to the U.S.
military, and our BA-5390 battery is recognized for its long life,
unsurpassed safety record and reliability under the toughest
conditions. We are pleased that DLA has selected Ultralife
once again,” said Michael D. Popielec, President and Chief
Executive Officer.
About Ultralife Corporation
Ultralife Corporation serves its markets with
products and services ranging from power solutions to
communications and electronics systems. Through its engineering and
collaborative approach to problem solving, Ultralife serves
government, defense and commercial customers across the globe.
Headquartered in Newark, New York, the Company's
business segments include: Battery & Energy Products and
Communications Systems. Ultralife has operations in North America,
Europe and Asia. For more information, visit
http://www.ultralifecorporation.com.
Company Contact:
Ultralife Corporation
Philip A. Fain
(315) 210-6110
pfain@ulbi.com
Investor Relations Contact:
LHA
Jody Burfening
(212) 838-3777
jburfening@lhai.com
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