other material
confidence high
sentiment positive
materiality 0.65
Ultralife awarded $5.5M vehicle comms systems order from U.S. Army prime contractor
ULTRALIFE CORP
- Purchase order valued at about $5.5M from a global prime defense contractor for the U.S. Army.
- Shipments are expected to commence and be completed in 2023.
- Follow-on full-rate production order; CEO highlights effectiveness of new product development strategy.
- Vehicle communications platform provides enhanced range of digital voice and data communications.