|
UNITED STATES | |||
|
SECURITIES AND EXCHANGE COMMISSION | |||
|
Washington, D.C. 20549 | |||
|
FORM 8-K | |||
|
CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | |||
|
Date of Report (Date of the earliest event reported) August 14, 2017 | |||
|
ULTRALIFE CORPORATION | |||
|
(Exact name of registrant as specified in its charter) | |||
|
Delaware |
000-20852 |
16-1387013 | |
|
(State of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | |
|
2000 Technology Parkway, Newark, New York |
14513 | ||
|
(Address of principal executive offices) |
(Zip Code) | ||
|
(315) 332-7100 | |||
|
(Registrant’s telephone number, including area code) | |||
|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): | |||
|
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||
|
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||
|
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||
|
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ] | |||
|
Item 8.01 |
Other Events |
In a press release dated August 14, 2017, Ultralife Corporation announced that its Communications Systems business has been awarded a contract valued at approximately $4.7 million to supply its Vehicle Installed Power Enhanced Rifleman Appliqué (“VIPER”) to Thales Defense & Security, Inc., a global leader in the development, manufacture, and support of combat-proven, software-defined radio equipment, for the U.S. Army. This contract follows VIPER awards received and shipped in 2015 and 2016 totaling $10.5 million. Shipments are expected to commence in 2017 and be completed in the first half of 2018.
|
Item 9.01 |
Financial Statements, Pro Forma Financials and Exhibits |
(d) Exhibits
Exhibit
|
Number |
Description |
|
99.1 |
Press Release of Ultralife Corporation dated August 14, 2017 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
Date: August 14, 2017 |
ULTRALIFE Corporation | |
|
By: |
/s/ Philip A. Fain | |
|
Philip A. Fain | ||
|
Chief Financial Officer and Treasurer | ||
Exhibit 99.1
|
Company Contact: Ultralife Corporation Philip A. Fain (315) 332-7100 pfain@ulbi.com |
Investor Relations Contact: LHA Jody Burfening (212) 838-3777 jburfening@lhai.com |
Ultralife Corporation Awarded $4.7 Million Communications Systems Follow-On Contract
NEWARK, N.Y., Aug. 14, 2017 -- Ultralife Corporation (NASDAQ: ULBI) has been awarded a contract valued at approximately $4.7 million to supply its Vehicle Installed Power Enhanced Rifleman Appliqué (“VIPER”) to Thales Defense & Security, Inc., a global leader in the development, manufacture, and support of combat-proven, software-defined radio equipment, for the U.S. Army. This contract follows VIPER awards received and shipped in 2015 and 2016 totaling $10.5 million. Shipments are expected to commence in 2017 and be completed in the first half of 2018.
“We are proud that our product has once again been selected as a critical component for the U.S. Army’s multi-phased modernization program providing enhanced digital voice and data communications to the dismounted soldier. This contract further illustrates the benefits of our strategy of investing in product development and engineering in close collaboration with a strategic partner,” said Michael D. Popielec, Ultralife’s President and Chief Executive Officer. “As we continue to develop new products across our business, our VIPER platform provides a technically advanced building block for the increasingly complex, secure integrated communications products required for soldier modernization.”
About Ultralife Corporation
Ultralife Corporation serves its markets with products and services ranging from power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government, defense and commercial customers across the globe.
Headquartered in Newark, New York, the Company's business segments include Battery & Energy Products and Communications Systems. Ultralife has operations in North America, Europe and Asia. For more information, visit www.ultralifecorporation.com.
This press release may contain forward-looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include: potential reductions in revenues from key customers, uncertain global economic conditions and acceptance of our new products on a global basis. The Company cautions investors not to place undue reliance on forward-looking statements, which reflect the Company's analysis only as of today's date. The Company undertakes no obligation to publicly update forward-looking statements to reflect subsequent events or circumstances. Further information on these factors and other factors that could affect Ultralife’s financial results is included in Ultralife’s Securities and Exchange Commission (SEC) filings, including the latest Annual Report on Form 10-K.