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0.0205949656750572 0.0258924485125858 0.0491990846681922 0.0354576659038902 0.0285469107551487 0.0228832951945081 0.0457665903890161 0.0549199084668193
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Ultralife Corporation Receives $14.4 Million IDIQ Award from Defense Logistics Agency for BA-5368 Military Batteries

Ultralife Corporation (ULBI) 
Company Research Source: GlobeNewswire
NEWARK, N.Y., Sept. 19, 2019 (GLOBE NEWSWIRE) -- 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 Show less Read more
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