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EnerSys Awarded Navy Contract

- 10/15/2009
EnerSys, a marketer and distributor of industrial batteries, announced that it has been awarded contracts in the United States and Europe for submarine batteries with a value in excess of $20 million.

In the U.S., EnerSys has received a second consecutive contract award from the United States Navy to produce valve regulated lead acid (VRLA) batteries using its proprietary thin plate pure lead (TPPL) technology.  This award represents 100% of the U.S. Navy's requirement under their 2009 solicitation for VRLA submarine batteries.  In February 2008, EnerSys was awarded its first production contract at the end of the successful culmination of a multi-million dollar, multi-year cost sharing partnership between EnerSys and the U.S.Navy.

Read the whole story at www.reuters.com.

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