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Energy Focus Awarded $3.4 Million LED Lighting Contract for the U.S. Navy Fleet
SOLON, Ohio, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable LED lighting technologies, announced that the
About this update from Energy Focus, Inc.
[{"type":"text","content":"SOLON, Ohio, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable LED lighting technologies, announced that the Company has been awarded a contract valued at approximately $3.4 million to supply tubular LED (TLED) lighting products to the U.S. Navy by Defense Logistics Agency (DLA), a combat support agency in the U.S. Department of Defense with more than 26,000 civilian and military personnel throughout the world. The Company expects to deliver on the contract beginning in the second quarter of 2020 with completion expected by year-end.\n “Energy Focus considers it a true honor and privilege to serve the U.S. Navy,” said James Tu, Chairman & CEO of Energy Focus. “This contract reflects our continuing success and commitment to innovation to help improve the Navy’s sustainability profiles and the lives of the people serving in the fleet. It also demonstrates our strengthening leadership in providing advanced LED lighting systems for world-class organizations with mission-critical facilities such as the U.S. Navy.” Mr. Tu continued, “Over the past year, in addition to focusing on developing next- generation LED lighting and lighting control technologies, we have been reengineering our LED lighting products for reduced production costs across the board, while maintaining the highest level of product quality and performance in every market we serve. This contract award reflects the U.S. Navy’s continuing commitment to TLEDs as the superior format for lighting retrofit applications and its confidence in Energy Focus to provide the most reliable and compelling TLED solutions.” Since 2007, Energy Focus has been committed to elevating the energy efficiency of the U.S. Navy fleet as well as improving the living conditions of sailors by eliminating hazardous materials from its lighting systems and enabling it to focus on more important tasks than lighting maintenance. Since then, Energy Focus has installed approximately 650,000 lighting products including TLEDs, waterline security lights, explosion-proof globes and berth lights, saving more than four million gallons of fuel and 200,000 man-hours in lighting maintenance annually. “This significant contract award is a testament to the quality and competitiveness of our products and solutions,” said Tim Grindstaff, VP of Business Development. “The confi...