Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
NEWARK, N.Y., Dec. 08, 2017 -- Ultralife Corporation (NASDAQ:ULBI) has been awarded a contract valued at approximately $3.9 million to supply its Vehicle Amplifier-Adaptor (“VAA”) to Thales Defense & Security, Inc., a global leader in the development, manufacture, and support of combat-proven, software-defined radio equipment, for the U.S. Army’s Security Force Assistance Brigades (SFABs), and other opportunities. SFABs are new brigades formed to advise and assist our partner nations in developing their local security force capability from the tactical to ministerial level. Initial shipments are expected to commence before the end of 2017 and continue during the first half of 2018.
“This contract is a result of our ongoing new product development strategy of investing in technically advanced, integrated communication systems devices, as well as collaborative relationships with strategic partners. Leveraging the fielding and operational success of our Vehicle Installed Power Enhanced Rifleman Appliqué (“VIPER”) platform, which provides the soldier with an enhanced range of digital voice and data communications and operational flexibility, the U.S. Army has selected our latest radio specific VAA as a critical component for the SFAB program,” said Michael D. Popielec, Ultralife’s President and Chief Executive Officer. “We look forward to continuing to add other new products and building blocks to our proven platforms to address the increasingly complex, secure integrated communications requirements for soldier modernization.”
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
[email protected]
Investor Relations Contact:
LHA
Jody Burfening
(212) 838-3777
[email protected]
