EnerSys Bags Submarine Batteries Contracts Worth $20m

According to the company, in the US the company 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 technology. This award represents 100% of the US Navy's requirement under their 2009 solicitation for VRLA submarine batteries. In February 2008, the company was awarded its first production contract at the end of the successful culmination of a multi-million dollar multi-year cost sharing partnership between the company and the US Navy.

The company will continue to produce the submarine batteries at its automated facility in Warrensburg, Missouri.

The company has also recently received contracts in Europe for batteries for both nuclear and diesel electric submarines for existing and new customers. These batteries will be built in the company's newly constructed specialty facility in Targovishte, Bulgaria.

John Craig, chairman, president and chief executive officer of EnerSys, said: “EnerSys has performed well on the first production contract and we believe provided a superior product, we are pleased that the US Navy has awarded us a second successive contract to supply all of their submarine battery needs."

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