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Ultralife Corp. (ULBI) Receives $4.8M Contract from U.S. Defense Department

Ultralife Corporation (ULBI) began as a battery company in 1990 but now serves its markets with products and services ranging from portable and standby power solutions to communications and electronics systems. Ultralife’s family of brands include Ultralife Batteries, Stationary Power Services, RPS Power Systems, ABLE, McDowell Research and RedBlack Communications. The company serves government, defense and commercial customers across the globe, and has operations in North America, Europe and Asia.

Ultralife announced the recent receipt of an order valued at approximately $4.8M from the U.S. Defense Department for the company’s SmartCircuit® lithium ion rechargeable batteries and chargers from its Land Warrior product suite. Land Warrior is an integrated, modular fighting system that uses technology to enhance individual soldiers’ close-combat tactical awareness, lethality and survivability. The system includes weapon-mounted sensors, an integrated helmet assembly, a communications-navigation computer system and software for friendly-force tracking and command/control programs.

Land Warrior batteries and chargers were originally developed by Ultralife in 2004 under a $2.7M development contract from General Dynamics to equip Land Warrior ensembles with an advanced man-portable power system. In 2006, Ultralife received a $1.4M production order from General Dynamics C4 Systems for lithium ion batteries as well as vehicle, bulk and individual soldier-based chargers. Deliveries of Ultralife’s UBBL06 and UBBL08 lithium ion rechargeable batteries and its CH0006 3-position military vehicle-based charger and CH0012 12-position bulk charger are expected to be completed in the fourth quarter of this year.

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