ULBI - Ultralife secures $7.5M communications systems contract

• Ultralife ( NASDAQ: ULBI ) announced Thursday it has received $7.5M contract to supply its integrated system of A-320 amplifiers and A-320HVA radio vehicle mounts to a major international defense contractor for government/defense modernization program.
• Deliveries are expected to commence in the fourth quarter of 2022 and continue through the first half of 2023.
• “This contract further demonstrates our success in executing a key element of our revenue growth strategy – the broadening of our global presence with international allies by extending our core U.S. government and defense business,” said Michael D. Popielec, Ultralife’s President and Chief Executive Officer.

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