Ultralife Corporation Receives $14.4 Million IDIQ Award from Defense Logistics Agency for BA-5368 Military Batteries
September 19 2019 - 11:20AM
Ultralife Corporation (NASDAQ: ULBI) has received a firm-fixed
price, indefinite-delivery/indefinite-quantity contract for
purchases not to exceed $14.4 million from the U.S. Government’s
Defense Logistics Agency (DLA) for its lithium manganese dioxide,
non-rechargeable BA-5368 batteries. These batteries are used in a
variety of military applications, including detectors and imaging.
The award consists of a three-year base contract with two one-year
option periods. The amounts and timing of deliveries under
this contract are at the discretion of the DLA.
“Ultralife is a long-standing supplier to the U.S. military, and
our BA-5368 battery is recognized for its long life, high energy
density, and proven safety, performance and reliability across a
wide temperature range. 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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