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Ultralife Corp. (ULBI) Signs $5.5 Million Supply Contract with Major Defense Contractor

Ultralife Corp. today announced it has received a $5.5 million supply contract with a major international defense contractor. Per the agreement, Ultralife will supply its suite of Land Warrior Lithium non-rechargeable batteries and rechargeable Lithium Ion batteries and charging systems for use with the Land 200 Battle Management System by the Australian military.

Land Warrior is a modular fighting system that utilizes technology to improve the user’s close-combat tactical awareness, lethality and survivability. The system is equipped with weapon-mounted sensors, an integrated helmet assembly, a communications-navigation computer system and software for friendly-force tracking and command/control programs, and it incorporates Ultralife’s battery models LI-145, LI-80, LM-145 and CH0006 Charger and Adapters.

John D. Kavazanjian, Ultralife president and CEO, said the company’s reputation precedes it in the marketplace, specifically to the U.S. Department of Defense.

“Our capabilities in developing and supplying technically-advanced defense communications and power systems, which we have demonstrated to the U.S. Department of Defense across a wide variety of military programs, are increasingly being recognized by our international allies,” Kavazanjian stated in the press release. “In this case, our Land Warrior product suite will be used to support the Australian military’s Land 200 Battle Management System, a program for which we are already supplying our A320 RF pocket amplifiers.”

The company said deliveries are scheduled to begin in the first quarter of 2011 and be completed by the fourth quarter of 2012.

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