Ultralife Corp rises on $7.5-mln defense contract
22/09/2022 15:25
** Shares of electronics firm Ultralife Corp ULBI.O up
1.6% at $5.12 after co receives defense order for $7.5 million
** Contract for supplying A-320 amplifiers and A-320HVA
radio vehicle mounts to a major contractor for an ongoing
defense modernization program - ULBI
** Co in July won a $4.6-million contract for supplying
vehicle-amplifier adopters
** ULBI shares down ~16% YTD, as of Wednesday's close
(Reporting by Yuvraj Malik)
((yuvraj.malik@thomsonreuters.com))