Ultralife Batteries, Inc. (NASDAQ: ULBI) has received orders for military batteries valued at approximately $2.9 million from an undisclosed military organization. Deliveries are expected to begin immediately and be completed this month.
"Many military organizations are rapidly recognizing the superior performance of our products," said John D. Kavazanjian, Ultralife's president and chief executive officer. "These orders underscore both the growing popularity of our products and our ability to promptly produce and deliver advanced batteries to serve demanding military applications."
Newark, N.Y., Dec. 27, 2006