NEWARK, N.Y., 20 April 2006. Ultralife Batteries Inc. has received an order valued at roughly $1.9 million for its BA-5390A battery from the U.S. Defense Department. Deliveries are expected to be completed this quarter for this second order against the company's Next Gen II, Phase IV five-year battery contract.
In December 2004, Ultralife announced that its U.S. and U.K. manufacturing operations were awarded 60-percent and 40-percent shares, respectively, of the Next Gen II, Phase IV five-year battery production contracts by the U.S. Defense Department. The combined contracts could reach a maximum value of $286 million.
Next Gen II is the U.S. Military's five-year battery procurement strategy. The Phase IV production contracts were awarded to Ultralife to provide five types of non-rechargeable lithium/manganese dioxide batteries.