other material
confidence high
sentiment positive
materiality 0.60
Ultralife awarded $4.6M order for Vehicle Amplifier-Adaptors from defense contractor
ULTRALIFE CORP
- Purchase order valued at approximately $4.6 million for Ultralife's Vehicle Amplifier-Adaptor (VAA) platform.
- Order placed by a global prime defense contractor; shipments expected to commence in 2022.
- VAA platform enhances soldier digital voice and data communications and operational flexibility.
- CEO cites effectiveness of new product development strategy with strategic partners.