We’re delighted to announce that we’ve been awarded two significant contracts with a combined value of $5.1m from two leading defense prime contractors for battery packs to be used in the US defense sector.
Both contract awards, made following lengthy and rigorous design phases, will utilize the battery packs in harsh environment applications in maritime and aerial technologies. Deliveries will commence in early 2025 and are expected to conclude within the calendar year. Both programs have the potential for multi-year framework agreements.
Commenting on the contracts, Matthew Richards, Managing Director of Custom Power, said: “Whilst diverse in operating environments, these two contracts respectively required solutions that optimized size, weight and power for operation in harsh environments, which are key strengths for Custom Power. We are delighted that in both instances, existing customers, who are leaders in their respective markets, selected our Fountain Valley California facility as their business partner for such prestigious programs that have the potential to run for several years.”
