Ultralife: Rises on $14.4 mln contract win for military batteries
19/09/2019 17:46
** Battery maker Ultralife Corp's shares ULBI.O up 3.5% at
$9.0 after co wins contract worth $14.4 mln
** ULBI receives a contract from U.S. government's Defense
Logistics Agency (DLA) for its lithium manganese dioxide,
non-rechargeable BA-5368 batteries urn:newsml:reuters.com:*:nGNX89HyCc
** The batteries are used in a variety of military
applications, including detectors and imaging
** Says amounts and timing of deliveries are at discretion
of DLA
** Stock has risen 32.4% this year
(Reporting by Bharath Manjesh in Bengaluru)
((Bharath.ManjeshR@thomsonreuters.com; outside U.S. +91 80
6749 8400;))