ULBI - Ultralife secures $5.5M communication systems order from U.S. army
- Ultralife ( NASDAQ: ULBI ) stated Thursday it has received a $5.5M purchase order to supply its vehicle communications systems to a global prime defense contractor for the U.S. Army.
- The contract is for Ultralife’s vehicle communications platform which provides the soldier with an enhanced range of digital voice and data communications and operational flexibility.
- Shipments are expected to commence and be completed in 2023, report.
- Earlier in the day, Ultralife ( ULBI ) reported earnings miss for Q3 2022.
- ULBI stock is down 2.3% on Thursday.
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Ultralife secures $5.5M communication systems order from U.S. army