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Saft Wins $170 Million Maximum Contract With the U.S. Defense Logistics Agency

Written by thomas · Filed Under Aeronautics News 

July 17, 2008

thomas

VALDESE, North Carolina, July 16 /PRNewswire-FirstCall/ — Saft has
been awarded a major multi-year contract by the U.S. Defense Logistics
Agency (DLA) to supply the U.S. Army, Navy, Air Force and Marine Corps with
BA5590 lithium sulfur dioxide (Li-SO2) batteries. The terms of the contract
include Li-SO2 batteries for several portable military applications such as
communications and electronics systems.

This contract was awarded to Saft for 100 percent of the U.S. military
needs for this type of battery. The contract with DLA is an indefinite
quantity contract with a two-year base period for an amount of up to $64
million and three one-year option periods for a total contract value of up
to $170 million. Orders under the contract are demand-based, with the first
one expected towards the end of 2008.

“Saft is very pleased to win this important contract,” said Thomas J.
Alcide, Saft Specialty Battery Group General Manager. “It shows the US
armed forces’ confidence in our ability to deliver large quantities of
reliable, high quality batteries, and it reinforces our long-term
relationship with this major military customer.”

This new contract establishes Saft’s position as the leading supplier
of lithium batteries to the U.S. Army. The contract will be supplied from
Saft’s Valdese N.C. facility that has been the leading supplier of these
types of military batteries through both Middle East conflicts.

About Saft

Saft (Euronext: Saft) is a world specialist in the design and
manufacture of high-tech batteries for industry. Saft batteries are used in
high performance applications such as industrial infrastructure and
processes, transportation, space and defense. Saft is the world’s leading
manufacturer of nickel-cadmium batteries for industrial applications and of
primary lithium batteries for a wide range of end markets. The group is
also the European leader for specialized advanced technologies for the
defense and space industries. With approximately 3,900 employees worldwide,
Saft is present in 18 countries. Its 15 manufacturing sites and extensive
sales network enable the group to serve its customers worldwide.

SOURCE Saft

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