Ultralife Batteries Accepts Modification to BA-5390 Military Battery Order
14 May 2007 09:52
Late on Friday, May 11, Ultralife Batteries, Inc. accepted a modification from the US Defense Department to the order for its BA-5390 battery, which was announced on Wednesday, May 9, 2007. The US$6.9 million order, with scheduled deliveries through December 2007, has been modified to US$2.4 million, with deliveries through August 2007. An error in the Defense Department's procurement system caused the issuance of an order covering a longer-than-intended period of time.
"We have always cooperated with the government on contract and order modifications and this is no exception," said John D Kavazanjian, Ultralife's president and chief executive officer. "We have no reason to believe that this adjustment reflects any change in the underlying demand for our product."
ABOUT ULTRALIFE BATTERIES, INC
Ultralife is a global provider of high-energy power solutions and communications accessories for diverse applications. The company develops, manufactures and markets a wide range of non-rechargeable and rechargeable batteries, charging systems and accessories including power supplies, amplifiers, amplified speakers, equipment mounts, case equipment and integrated communication systems for markets including military, industrial and consumer portable electronics.
Through its portfolio of standard products and engineered solutions, Ultralife is at the forefront of providing the next generation of power systems and accessories. Commercial, retail and government customers include General Dynamics, Philips Medical Systems, General Motors, Energizer, Kidde Safety, Lowe's, Radio Shack and the national defense agencies of the United States, United Kingdom, Germany, Australia and New Zealand.
For more information on this company:
Ultralife - Lithium Batteries, Chargers, Communications and Electronics Systems and Accessories
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