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snags new contract

Ultralife Batteries
snags new contract

Ultralife Batteries Inc. has landed another juicy contract for its lithium batteries, the company announced today.
Racal Electronics PLC placed $520,000 in orders for Ultralife High Rate lithium batteries, which will power respiratory-protection suits used by military personnel to protect against chemical, biological and radiation hazards.
The batteries will be manufactured by the subsidiary Ultralife Batteries (UK) Ltd., based in Abingdon, England. The order are to be shipped during the next 12 months, Ultralife controller Robert Cook said.
Ultralife expects Racal to place additional orders as well.
Earlier this month, Ultralife announced a $1.25 million contract with the U.S. Army’s Communications and Electronics Command in Fort Monmouth, N.J. The Army is using these lithium batteries for memory backup in military communications devices.
Ultralife began shipping batteries earlier this year for an initial $1.5 million order with CECOM.
Still pending is an order from McDonnell Douglas Corp. for Ultralife’s rechargeable batteries. The batteries would be used in a mobile-computing system worn in a vest for maintenance personnel.
That deal, announced in June, is part of a proposal McDonnell Douglas is making to the U.S. Defense Department, which is awaiting approval, Cook said. Meanwhile, Ultralife has a “modest” contract with McDonnell Douglas, he said.
The release of Ultralife’s fiscal 1996 earnings is set for late August.
For the first three quarters of fiscal 1996 ended March 31, Ultralife posted a $788,766 profit on $12.2 million in sales. That compares to a $2.9 million loss on $10 million in revenues for the nine-month period in fiscal 1995.

Ultralife Batteries
snags new contract

Ultralife Batteries Inc. has landed another juicy contract for its lithium batteries, the company announced today.
Racal Electronics PLC placed $520,000 in orders for Ultralife High Rate lithium batteries, which will power respiratory-protection suits used by military personnel to protect against chemical, biological and radiation hazards.

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