- Ultralife Corp (NASDAQ:ULBI) has secured a purchase order for ~$4.6 million to supply its Vehicle Amplifier-Adaptors (VAA) to a global prime defense contractor.
- Ultralife’s VAA platform provides the soldier with an enhanced range of digital voice and data communications and operational flexibility.
- The company expects to begin the shipments this year.
- Price Action: ULBI shares are trading lower by 0.43% at $4.42 on the last check Tuesday.
Tesla, Amazon, Polestar, Nordstrom, Autodesk: Why These 5 Stocks Are Drawing Investors’ Attention Today
Major Wall Street indices closed over 1% higher on Tuesday after investor focus shifted toward upbeat earnings reports and the possibility of the U.S. Federal Reserve going easy on rate hikes in the future.