Saft Wins $26.6 Million Contract with the US Army

 

13 March 2007

Valdese, North Carolina – Saft has been awarded a major multi-year contract by the US Defence Logistics Agency (DLA) to supply the US Army, Navy, Air Force and Marine Corps with a family of lithium sulphur dioxide (Li-SO2) batteries. The terms of the contract include six Li-SO2 batteries for several portable military applications such as communication, GPS and rescue systems.

This contract was awarded to Saft for 100% of the US military needs for this type of battery. The contract with DLA is an indefinite quantity contract with a two-year base period for an amount of up to $10 million and three one-year option periods for a total amount of up to $26.6 million.

The contract will be supplied from Saft's facility in Valdese, North Carolina, which has been the leading supplier of these types of military batteries throughout both Middle East conflicts.

This new contract further validates Saft's position as the leading supplier of lithium batteries to the US Army and their commitment to the most economical chemistry with a proven record for success in the field.


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