EnerSys Awarded New Contracts by the Defense Logistics Agency
READING, Pa., Feb. 26, 2014 /PRNewswire/ -- EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced that it has received two new contracts from the United States Defense Logistics Agency (DLA). Both awards are for the production and supply of valve regulated lead acid (VRLA) batteries using EnerSys' proprietary thin plate pure lead (TPPL) technology. The Hawker Armasafe Plus batteries to be supplied will be used by the United States Army and Marine Corps. The batteries will be supplied through February 2017.
"EnerSys has supplied approximately 1.5 million Hawker Armasafe Plus batteries to the US military and remains a dedicated supplier to our fighting forces both at home and abroad," said John Craig, chairman, president and chief executive officer of EnerSys. "We are pleased that DLA has acknowledged our efforts to support the US military through the award of these competitive contracts."
EnerSys will continue to produce Hawker Armasafe Plus batteries at its highly automated facility in Warrensburg, Missouri where batteries for the US Navy nuclear submarines and US military aircraft are also manufactured.
"The entire EnerSys team works diligently on a daily basis to manufacture and deliver these premium products to the US military. We are constantly working with the US military on several levels to maximize customer satisfaction," remarked Todd Sechrist, EnerSys president - Americas. "Over the past several years, we successfully met challenging delivery schedules in support of the United States military's worldwide operations. We continue to receive positive feedback regarding our batteries used in tactical vehicles, aircraft and submarines and we are proud to manufacture these products in the USA."
EDITOR'S NOTE: About EnerSys: EnerSys, the global leader in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Motive power batteries and chargers are utilized in electric forklift trucks and other commercial electric powered vehicles. Reserve power batteries are used in the telecommunication and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions including aerospace and defense systems. Outdoor equipment enclosure products are utilized in the telecommunication, cable, utility, transportation industries and by government and defense customers. The company also provides aftermarket and customer support services to its customers from over 100 countries through its sales and manufacturing locations around the world.
For more information contact:
Richard Zuidema, Executive Vice President, EnerSys, 2366 Bernville Road, Reading, PA, 19605, USA, Tel: 800-538-3627
Caution Concerning Forward-Looking Statements
This press release and oral statements made regarding the subjects of this release, contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, or the Reform Act, which may include, but are not limited to, statements regarding EnerSys' earnings estimates, plans, objectives, expectations, intentions and estimated value of contracts with DLA and other statements contained in this press release that are not historical facts, including statements identified by words such as "believe," "plan," "seek," "expect," "intend," "estimate," "anticipate," "will," and similar expressions. All statements addressing operating performance, events, or developments that EnerSys expects or anticipates will occur in the future, including statements relating to sales growth, earnings or earnings per share growth, and market share, as well as statements expressing optimism or pessimism about future operating results, are forward-looking statements within the meaning of the Reform Act. The forward-looking statements are based on management's current views and assumptions regarding future events and operating performance, and are inherently subject to significant business, economic, and competitive uncertainties and contingencies, satisfying conditions and obligations contained in contracts and changes in circumstances, many of which are beyond EnerSys' control. The statements in this press release are made as of the date of this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.
Although EnerSys does not make forward-looking statements unless it believes it has a reasonable basis for doing so, EnerSys cannot guarantee their accuracy. The foregoing factors, among others, could cause actual results to differ materially from those described in these forward-looking statements. For a list of other factors which could affect EnerSys' results, including earnings estimates, see EnerSys' filings with the Securities and Exchange Commission, including "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations," including "Forward-Looking Statements," set forth in the Company's Quarterly Report on Form 10-Q for the period ended December 29, 2013. No undue reliance should be placed on any forward-looking statements.