Ultralife Corporation Receives Award for Its BA-5390 Military Batteries from U.S. Defense Logistics Agency
Rhea-AI Summary
Ultralife Corporation (NASDAQ: ULBI) has secured a $5.2 million award from the U.S. Defense Logistics Agency (DLA) for its BA-5390 military batteries. The contract involves supplying lithium manganese dioxide, non-rechargeable batteries, with deliveries scheduled throughout 2026 and completion in early 2027.
This follows their previous significant BA-5390 award in 2021, which was a multi-year contract valued at up to $9.9 million. The company's BA-5390 batteries are known for their long life, safety record, and reliability in challenging conditions.
Positive
- New $5.2 million military contract award from DLA
- Continued relationship with U.S. military demonstrates product reliability
- Firm commitment for deliveries provides revenue visibility through 2026-2027
Negative
- Lower contract value compared to 2021's $9.9 million award
News Market Reaction – ULBI
In the Sep 4 session, ULBI gained 6.52%, reflecting a notable positive market reaction. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEWARK, N.Y., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) has received an award valued at approximately
“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 under the toughest conditions. We are pleased that DLA continues to select Ultralife. We received our last significant BA-5390 award from DLA in 2021. In that case, we received a multi-year indefinite-delivery/indefinite-quantity contract valued at up to
About Ultralife Corporation
Ultralife Corporation serves its markets with products and services ranging from power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government/defense and commercial customers across the globe.
Headquartered in Newark, New York, the Company's business segments include Battery & Energy Products and Communications Systems. Ultralife has operations in North America, Europe and Asia. For more information, visit www.ultralifecorporation.com.
| Company Contact: Ultralife Corporation Philip A. Fain (315) 210-6110 pfain@ulbi.com | Investor Relations Contact: Alliance Advisors IR Jody Burfening/Alex Villalta (212) 838-3777 avillalta@allianceadvisors.com | |
