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

NEWARK, N.Y., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) has received an award valued at approximately $5.2 million from the U.S. Government’s Defense Logistics Agency (“DLA”) for its lithium manganese dioxide, non-rechargeable BA-5390 military batteries. The majority of the shipments are scheduled throughout 2026 with completion in early 2027.

“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 $9.9 million; in this case, we have received a firm commitment from DLA to supply our BA-5390 batteries for the most part in 2026,” said Mike Manna, Ultralife’s President and Chief Executive Officer. “We look forward to our continued participation in providing our legacy and new products to support the mission critical applications of the U.S. Department of Defense.”

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

FAQ

What is the value of Ultralife's new DLA contract for BA-5390 batteries?

The Defense Logistics Agency awarded Ultralife Corporation a $5.2 million contract for BA-5390 military batteries.

When will Ultralife (ULBI) deliver the BA-5390 batteries under the new contract?

The majority of deliveries are scheduled throughout 2026 with completion expected in early 2027.

How does the new ULBI military contract compare to their previous DLA award?

The new $5.2 million award is smaller than their 2021 contract, which was valued at up to $9.9 million.

What are the key features of Ultralife's BA-5390 military batteries?

Ultralife's BA-5390 batteries are known for their long life, unsurpassed safety record, and reliability under tough conditions.