Ultralife Corporation Secures $5.2M Military Battery Award
Ultralife Corporation's New Milestone with the DLA
NEWARK, N.Y. — Ultralife Corporation (NASDAQ: ULBI) has reached a significant milestone by securing an award valued at around $5.2 million from the U.S. Defense Logistics Agency (DLA) to supply its renowned BA-5390 military batteries. These lithium manganese dioxide batteries are crucial for various military applications, standing out for their long life and reliability even in challenging conditions.
The Importance of the BA-5390 Battery
Ultralife's BA-5390 battery has earned its reputation as a trusted power source for military operations. This award signifies not only a financial commitment from the DLA but also reflects the confidence placed in Ultralife's products. The award indicates that the majority of the shipments are scheduled for 2026, with final deliveries expected in early 2027. This timeline ensures the U.S. military has access to essential power solutions for their operations.
Leadership Insights
Mike Manna, President and CEO of Ultralife Corporation, expressed pride in the ongoing relationship with the military, stating, "Ultralife has been a long-standing supplier to the U.S. military, and our BA-5390 battery remains recognized for its long life, unsurpassed safety record, and reliability. We are pleased that DLA continues to select Ultralife." Manna further mentioned that this award follows a multi-year contract previously received, showcasing the firm’s sustained excellence in battery solutions.
Commitment to Quality and Safety
Ultralife prides itself on its high standards regarding battery manufacturing, ensuring that their products undergo rigorous testing to meet military specifications. This commitment to quality and safety plays a vital role in the life-dependence scenarios faced by military personnel. The BA-5390 battery's design focuses on delivering consistent performance in extreme conditions, something that is non-negotiable in military operations.
Global Reach and Expertise
Headquartered in Newark, New York, Ultralife operates in multiple regions, including North America, Europe, and Asia. The company is divided into two main business segments: Battery & Energy Products and Communications Systems. This diverse approach allows Ultralife to cater to both government/defense and commercial clients, leveraging engineering expertise to solve complex challenges efficiently.
Looking Ahead: Future Prospects
As Ultralife continues to expand its footprint within the defense industry, the company remains focused on developing innovative products that meet emerging technological needs. The recent award from the DLA marks just one of many steps the corporation is taking to enhance its offerings, which includes both legacy products and new innovations destined to support mission-critical applications.
Frequently Asked Questions
What is the value of the recent award Ultralife received?
Ultralife Corporation received an award valued at approximately $5.2 million from the U.S. Defense Logistics Agency.
What type of batteries does Ultralife supply to the military?
Ultralife supplies lithium manganese dioxide, non-rechargeable BA-5390 military batteries, known for their reliability and long life.
When are the BA-5390 battery shipments scheduled?
The majority of the shipments are scheduled for 2026, with completion expected in early 2027.
Who is the President and CEO of Ultralife Corporation?
Mike Manna is the President and Chief Executive Officer of Ultralife Corporation.
What markets does Ultralife serve?
Ultralife serves government/defense as well as commercial markets, providing power solutions and communications/electronics systems.
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