What is the story about?
What's Happening?
Ultralife Corp., a Newark-based manufacturer, has been awarded a $5.2 million contract by the U.S. Government’s Defense Logistics Agency for its lithium manganese dioxide, non-rechargeable BA-5390 military batteries. The contract involves shipments scheduled throughout 2026, with completion expected in early 2027. Ultralife has a history of supplying the U.S. military, and its BA-5390 battery is noted for its long life, safety, and reliability under challenging conditions. The company previously received a significant contract from the agency in 2021, valued at up to $9.9 million.
Why It's Important?
This contract underscores Ultralife Corp.'s role as a key supplier to the U.S. military, highlighting the importance of reliable and durable battery technology in defense applications. The award reflects the ongoing demand for high-performance batteries in military operations, which are critical for powering various equipment and ensuring operational readiness. The contract also signifies continued investment in domestic manufacturing capabilities, supporting economic growth and job creation in Wayne County. The deal may enhance Ultralife's market position and contribute to technological advancements in battery production.
What's Next?
Ultralife Corp. is expected to focus on fulfilling the contract requirements, ensuring timely delivery and maintaining quality standards. The company may also explore opportunities to expand its product offerings and secure additional contracts with the U.S. Department of Defense. The successful execution of this contract could lead to further collaborations and increased demand for Ultralife's battery technologies in both military and civilian sectors.
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