-->
default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

EnerSys® Announces $75M Contract with U.S. Navy for Thin Plate Pure Lead (TPPL) Batteries

Print
Font Size:
Default font size
Larger font size

Posted: Thursday, August 2, 2018 6:48 am | Updated: 9:08 am, Thu Aug 2, 2018.

READING, Pennsylvania – EnerSys® (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has recently been selected to supply its proprietary Thin Plate Pure Lead (TPPL) batteries to the United States Navy as main storage batteries on all four classes of nuclear submarines. The contract has a maximum value of $74.9M over its multi-year duration. 

EnerSys has been the supplier of its TPPL batteries to the United States Navy for over ten years. This recent production contract is a continuation of a long-term supplier relationship.

“The critical nature of this energy storage application cannot be overstated, and our entire EnerSys team is proud to have the United States Navy extend our production relationship through this new contract award,” said David M. Shaffer, President and Chief Executive Officer at EnerSys. Jeffery Long, President Americas at EnerSys added, “As the only supplier of TPPL submarine batteries to the United States Navy, we are excited to continue the advancement of our proprietary technology to meet the needs of this very demanding application. In addition to TPPL products, EnerSys advanced lithium cobalt and proprietary lithium ion-chemistries are truly ‘Powering Submarines to Satellites’ every day.”

For more information on EnerSys and its full line of products, systems and support, visit www.enersys.com.

Welcome to the discussion.

Building Kids' Lives in Our Community

Jill Troutman and staffing solutions expert Chris Talarico discuss resume writing, job intervi...

All About Insurance

Insurance agent Heather Wilson discusses personal lines of insurance available.

A Su Salud/To Your Health

Jonathan Encarnacion is joined by Isabel Moterrosa and Millie Illas-Lockhart to talk about Englis...

All That Stuff

Phil Wesel joins Bill Howze to discuss how to evaluate art.

Workers in Berks

Learn about the International Brotherhood of Electrical Workers Local 743 in Reading PA.

Success Connection

John Merlino Jr. is joined by Michael Uribe and Josephina Encamacion to discuss Michael's busines...

Berks Business

Bob Wert is joined by John Knowles from Legatus International.

Your Chamber: Leading Businesses, Leading Communities

Mark Dolinski is joined by Laurie Dawkins to talk about Greater Reading Chamber Alliance training...

County Connection

Tami Hildebrand talks about Bent Limb Farm.

Realizing the American Dream

Learn about listing your home with Kelly Spayd and Randy Fromm.

Stocks of local interest

CRS: Carpenter Technology, Reading

ENS: EnerSys, Bern Township

FLEW: Fleetwood Bank, Fleetwood

NPBC: National Penn Bancshares, Boyertown

PENN: Penn National Gaming, Wyomissing

VIST: VIST Financial Group, Wyomissing

STD: Santander, Madrid, Spain (owns Sovereign)

WFC: Wells Fargo, San Francisco (owns Wachovia)

WIN: Windstream, Little Rock., Ark. (owns D&E)

 

Stocks

Special sections