Ultralife Receives $1.3 M for its BA 5390 Military Batteries from DLANewark, N.Y. - Ultralife Corporation (NASDAQ: ULBI) has received an order valued at $1.3 million from the Defense Logistics Agency (DLA) for its BA-5390 battery. This order represents the first release under the 5-year Indefinite Quantity Contract that commenced on September 14, 2010. DLA has estimated the demand value for the base year at $5.3 million and has estimated the total award not to exceed $42.1 million. Deliveries under this order are anticipated to occur in the first half of 2011.
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : Ultralife Corporation
Dec 7 - 10, 2015 - Miami, United States