Ultralife Receives $2.6 M in Military Battery Orders(Newark, N.Y., November 29, 2007) -- Ultralife Batteries, Inc. (NASDAQ: ULBI) has received orders worth a combined value of approximately $2.6 million from the U.S. Defense Department for its BA-5390 with state-of-charge indicator and BA-5347 batteries. The orders represent releases under 5-year contracts awarded to Ultralife in 2004 and 2005. Deliveries are expected to begin this quarter and be completed in the first quarter of 2008.
Military Global Navigation Satellite Systems (GNSS) Market Assessment
Source : Ultralife Corporation