Ultralife Corporation Awarded $3.9 Million Communications Systems Contract
December 08 2017 - 08:41AM
Ultralife Corporation (NASDAQ:ULBI) has been awarded a contract
valued at approximately $3.9 million to supply its Vehicle
Amplifier-Adaptor (“VAA”) to Thales Defense & Security,
Inc., a global leader in the development, manufacture, and support
of combat-proven, software-defined radio equipment, for the
U.S. Army’s Security Force Assistance Brigades (SFABs), and other
opportunities. SFABs are new brigades formed to advise and
assist our partner nations in developing their local security force
capability from the tactical to ministerial level. Initial
shipments are expected to commence before the end of 2017 and
continue during the first half of 2018.
“This contract is a result of our ongoing new product
development strategy of investing in technically advanced,
integrated communication systems devices, as well as collaborative
relationships with strategic partners. Leveraging the
fielding and operational success of our Vehicle Installed Power
Enhanced Rifleman Appliqué (“VIPER”) platform, which provides the
soldier with an enhanced range of digital voice and data
communications and operational flexibility, the U.S. Army has
selected our latest radio specific VAA as a critical component for
the SFAB program,” said Michael D. Popielec, Ultralife’s President
and Chief Executive Officer. “We look forward to continuing
to add other new products and building blocks to our proven
platforms to address the increasingly complex, secure integrated
communications requirements for soldier modernization.”
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
www.ultralifecorporation.com.
Company
Contact: Ultralife
CorporationPhilip A. Fain(315)
210-6110pfain@ulbi.com
Investor Relations
Contact:LHAJody
Burfening(212)
838-3777jburfening@lhai.com
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